CME milk futures and cash dairy prices fall Friday

CME milk futures and cash dairy prices fall Friday

Milk futures and cash dairy markets were lower Friday on the Chicago Mercantile Exchange.   

September Class III milk was down $0.10 at $18.48.  October was down $0.20 at $19.01.  November was down $0.11 at $18.87.  December was down $0.10 at $18.63.  January through July contracts ranged from unchanged between March and August to nine cents lower in January.   

Dry whey was down $0.0075 at $0.3025.  Two sales were recorded at $0.3025 and $0.3075. 

Forty-pound cheese blocks were down $0.0375 at $1.9250.  Three sales were recorded, ranging from $1.9250 to $1.9275. 

Cheese barrels were down $0.04 at $1.8275.  Two sales were recorded at $1.83 and $1.85. 

Butter was down $0.05 at $2.68.  Eight sales were recorded, ranging from $2.68 to $2.6950. 

Nonfat dry milk was unchanged at $1.10. No sales were recorded Friday. 

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