Market News
CME milk and cash dairy markets mixed Thursday
Milk futures and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday.
May Class III milk was up $0.08 at $25.19. June closed up $0.05 at $24.25. July closed down $0.08 at $24.45. August was down $0.02 at $24.18. September through March contracts ranged from zero to thirteen cents higher.
Dry whey was up $0.01 at $0.51. One sale was recorded at that price.
Cheese Blocks closed down $0.02. at $2.28. Two sales were recorded at $2.28 and $2.2850.
Cheese Barrels were down $0.0150, closing at $2.2850. Six sales were made from $2.2750 to $2.2850.
Butter was down $0.0050 at $2.89. Eight sales were made from $2.85 to $2.89.
Nonfat dry milk was up $.0125 to $1.8550. Four sales were recorded from $1.84 to $1.8550.