meta Markets Continue to Slide Lower in Chicago Thursday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Markets Continue to Slide Lower in Chicago Thursday


On the Chicago Mercantile Exchange milk futures continued this week’s trend lower Thursday, while cash markets were mixed and lightly traded. Class III milk prices lost 3 to 7 cents in 2019 with the exception of September closing unchanged. 2020 prices also fell ranging from 5-15 cents softer January through July 2020. Class IV milk watched the five remaining months decline 7-17 cents per cwt. 

CME spot product markets had Dry whey unchanged at $0.34. One trade was made at that price. Blocks unchanged at $1.82. Barrels down $0.0050 at $1.6925. Eight trades were made ranging from $1.6925 to $1.70. Butter unchanged at $2.3450. Nonfat dry milk down $0.0150 at $1.02. Two trades were made at that price.


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