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Milk Futures Fall in Chicago Tuesday

At the Chicago Mercantile Exchange Tuesday, milk futures fell while some cash dairy prices went up. July Class Three milk was unchanged at $14.12.  Class III milk prices were 18 cents lower in August and 6 cents lower in September, respectively. Fourth quarter 2018 ranged from 2 cents lower to 3 cents higher. 2019 saw very little change. Class IV milk results had September through December up 11 to 16 cents. March added 4 cents, April 8 cents, while August through December 2019 dropped 2-14 cents per cwt. 

Dry whey was unchanged at $.4250 cents per pound.  No sales were recorded. Barrels were up $.0025 at $1.4075 per pound.  Seven carloads sold at $1.41. Forty-pound blocks were down $.02 at $1.50 per pound.  One carload sold at that price. Grade AA Butter was up $.0450 at $2.31 per pound.  Ten carloads sold from $2.30 to $2.3175. Nonfat dry milk was up $.0225 at $.8375 per pound.  Seven carloads sold from $.8150 to $.8375.

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