In Class III trade at the Chicago Mercantile Exchange, milk futures continued the recent lower technically and fundamentally driven trend. According to HighGround Dairy, contracts closed just above the session lows for the third consecutive session with the most active months closing below the 200-day moving average. September was unchanged at $16.38, October was down $.22 at $15.34, November was $.21 lower at $15.57, and December was down $.29 at $15.44.
Cash cheese blocks were down $.015 at $1.545. There were a total of six loads sold, including four at the closing price. The last unfilled bid was on one load at $1.545. The last uncovered offer was for one load at $1.55. Barrels were $.03 lower at $1.48. There were three loads sold, one at $1.4825 and two at $1.4725. The last unfilled bid was on one load at $1.48. The last uncovered offer was for one load at $1.49.
Butter was down $.0525 at one $1.975. There was one trade at that price.
Nonfat dry milk was up $.01 at $.945. The last unfilled bid was on one load at that price.
According to the El Paso County and Pueblo City and County health departments in Colorado, at least a dozen people in those counties have been sickened by harmful bacteria in raw milk. The type of bacteria, Campylobacter, can only be killed by pasteurization. Raw milk sales for human consumption are against the law in Colorado and while members of herdshare programs can obtain raw milk, that raw milk cannot be given or sold to non-herdshare members. A statement from El Paso and Pueblo counties indicate some of the people sickened are not herdshare members and members at the dairy involved have been notified of the infections.
Source: Brownfield Ag News
