On the Chicago Mercantile Exchange, milk futures were down, while cash dairy prices were mixed.
June Class III milk was $0.18 lower at $16.37. July’s price went down $0.12 to $16.82. August’s price went down $0.09 to $17.63. September was $0.05 lower at $18.48. Contracts from October to April varied from one cent lower in November to six cents higher in December.
Dry whey was $0.0175 higher at $0.26. There were nine transactions between $0.2725 and $0.2875.
Cheese blocks fell $0.0750 to $1.5775. There were two sales at $1.5775 and $1.63.
The price of cheese barrels stayed steady at $1.5150. At that price, one sale was recorded.
The price of butter remained steady at $2.4375. There were no sales registered.
Nonfat dried milk increased $0.0050 to $1.1575. From $1.15 to $1.1575, four transactions were registered.
