Market News
CME dairy markets mostly up Friday
Milk futures and cash dairy were mostly up to close the week at the Chicago Mercantile Exchange Friday.
September Class III milk was up $.04 at $16.35. October was up $.73 at $18.88. November was up $.44 at $18.53 December was up $.34 at $17.55 The milk futures from January through next July ranged from four cents lower in May to twenty-two cents higher in January.
Dry whey was down $.0075 at $.3775 cents per pound. Two sales were recorded at $.3775 and $.38.
Forty-pound blocks were up $.0150 at $2.5550 per pound. There were two sales at $2.5425 and $2.5550.
Barrels were up $.0275 at $1.66 per pound. One sale was recorded at that price.
Grade AA Butter was unchanged at $1.5025 per pound. Three sales were recorded from $1.48 to $1.5025.
Nonfat dry milk was up $.02 at $1.10 per pound. Eight sales were recorded from $1.0825 to $1.10.
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