Market News
CME dairy markets down Thursday
Milk futures and cash dairy prices were all down on the Chicago Mercantile Exchange Thursday.
June Class III milk was down $0.05 at $24.29. July closed down $0.49 at $23.77. August closed down $0.30 at $24.10. September was down $0.38 at $23.94. October through May contracts ranged from three cents lower in December to twenty-five cents lower in February.
Dry whey was down $0.0175 at $0.4925. Four sales were recorded from $0.4925 to $0.51.
Cheese Blocks were down sharply $0.1450 at $2.08. Five sales were recorded from $2.08 to $2.10.
Cheese Barrels were down $0.0750 to $2.1350. Six trades were made at that price.
Butter was down $0.01 to $2.96. Five trades were made from $2.93 to $2.96.
Nonfat dry milk was down $.0275 to $1.79. One sale was made at $1.80.
