Market News
CME dairy prices tumbled Friday
Milk futures fell sharply and cash dairy prices were mostly down on the Chicago Mercantile Exchange Friday.
November Class III milk was down $.18 at $18.01. December closed down $.46 at $17.62. January closed down $.31 at $18.17. February was down $.11 at $18.55. March through October contracts ranged from one to seventeen cents lower.
Dry whey remains rose a penny to $0.67. One trade was recorded at that price.
Blocks were down $.06 at $1.75. One sale was recorded at $1.81.
Barrels went down $.0525 closing at $1.4975. Nineteen trades were recorded between $1.50 and $1.55.
Butter closed down $.0075 at $1.95. There was one sale at that price.
Nonfat dry milk went down $.01 to $1.55. No sales were recorded.
