meta Markets Continue to Erode in Chicago on Monday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Markets Continue to Erode in Chicago on Monday


On the Chicago Mercantile Milk futures closed lower Monday with coronavirus impacts continuing to erode markets.  Class III milk finished quite a bit lower today.  March was down 7 cents to $16.30 per cwt.  April milk was down 20 cents to $15.83 per cwt.  May fell the most, dropping 28 cents to $16.00 per cwt. Class IV milk continued to show weakness today.  April milk was down 30 cents to $15.10 per cwt.  May lost 40 cents to $15.10.  June milk took the biggest slide, dropping 47 cents to $15.30 per cwt.

Dry whey down $0.0150 at $0.3325.  Three trades were made ranging from $0.3325 to $0.3375.  Blocks up $0.01 at $1.76.  One trade was made at that price. Barrels down $0.0675 at $1.41.   Nine trades were made ranging from $1.4075 to $1.47. Butter down $0.0375 at $1.8175.  Seven sales were made at ranging from $1.8175 to $1.84. Nonfat dry milk down $0.0325 at $1.0825.  Eleven trades were made ranging from $1.06 to $1.0825. 


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