meta Milk Markets Continue to Fall Lower in Chicago Tuesday | The Bullvine
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Milk Markets Continue to Fall Lower in Chicago Tuesday

Wednesday, March 30th, 2022

On the Chicago Mercantile Exchange, milk futures continued their trend lower Tuesday, pressured by cash trade. Class III Milk followed for a second day lower. March gained a penny to $24.42, April fell 24 cents to $23.29, with May slipping 66 cents to $23.50/cwt. The balance of 2022 was unchanged to 54 cents lower. Class IV milk also struggled. March unchanged at 24.85, April down 18 to $25.12, and May down 25 cents to $24.94/cwt.

Dairy markets struggled as all 5 products moved lower in the CME spot trade. Dry whey down $0.0275 at $0.69. Four sales were made at $0.69 and $0.6950. Blocks down $0.09 at $2.17. One trade was made at that price. Barrels down $0.06 at $2.19. Four trades were made at $2.19 and $2.1925. Butter down $0.02 at $2.7175. Four trades were made from $2.7075 to $2.7275.

Nonfat dry milk down $0.0175 at $1.83. Two trades were made at that price.

(T3, D2)

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