Market News
CME dairy prices fell Friday
Milk futures and the cash dairy markets were mostly lower Friday on the Chicago Mercantile Exchange.
November Class III milk was down $0.02 at $17.13. December was down $0.47 at $16.64. January was down $0.45 at $16.79. February was down $0.34 at $17.28. March through October contracts ranged from unchanged in August, September, and October to twenty-five cents lower in March.
Dry whey was unchanged at $0.41. No sales were recorded.
Forty-pound cheese blocks were unchanged at $1.60. One sale was made at that price.
Cheese barrels were down $0.11 at $1.56. Six sales were recorded, ranging from $1.56 to $1.65.
Butter was down $0.1075 at $2.49 . Five sales were recorded, ranging from $2.4875 to $2.49.
Nonfat dry milk was down $0.0075 at $1.1925. Three sales were recorded, ranging from $1.1925 to $1.1975.
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Author: Larry Lee