On Monday, the Chicago Mercantile Exchange saw a decline in cash dairy prices and a decline in milk futures for the near future.
Class III milk for December cost $20.17, down $0.14. At $20.02, January saw a $0.04 decrease. At $19.76, February saw a $0.03 decrease. March’s price was $20.01, up $0.21. Contracts for April through October varied from five cents less in July to three cents more in May.
Dry whey’s price remains $0.44. Sales were not tallied.
At $2.1250, cheese blocks were down $0.250. The prices of two sales were $2.1150 and $2.1250.
At $1.8175, Cheese Barrels remained constant. Sales were not tallied.
Butter decreased $0.0175 to $2.93 at the close. There was only one transaction at that cost.
At $1.39, nonfat dried milk was down $0.0075. Sales were not tallied.
