Let’s break down this week’s rollercoaster of cash dairy prices on the Chicago Mercantile Exchange (CME).
Here’s the latest:
- Dry Whey: Up $0.0075 to $0.5575. No sales reported.
- Cheese Blocks: Stable at $2.10. Two sales recorded.
- Cheese Barrels: Increased by $0.01 to $2.2650. Two sales recorded.
- Butter: Dropped $0.0150 to $3.17. Ten sales ranging from $3.17 to $3.19.
- Nonfat Dry Milk: Up $0.0175 to $1.2825. Three sales ranging from $1.28 to $1.2825.
Mon | Tue | Wed | Thur | Fri | Current Avg. | Prior Week Avg. | Weekly Volume | |
---|---|---|---|---|---|---|---|---|
Butter | 3.1850 | 3.1700 | – | – | – | 3.1775 | 3.1410 | 16 |
Cheddar Block | 2.1000 | 2.1000 | – | – | – | 2.1000 | 2.0495 | 2 |
Cheddar Barrel | 2.2550 | 2.2650 | – | – | – | 2.2600 | 2.1840 | 2 |
NDM Grade A | 1.2650 | 1.2825 | – | – | – | 1.2738 | 1.2380 | 6 |
Dry Whey | 0.5500 | 0.5575 | – | – | – | 0.5538 | 0.5590 | 0 |
(T1, D1)