On the Chicago Mercantile Exchange, milk futures were down while cash dairy prices were neutral.
June Class III milk was $0.10 lower at $15.19. July’s price went down $0.17 to $15.97. August’s price went down $0.12 to $16.87. September’s price went down $0.02 to $17.74. Contracts from October to April varied from thirteen cents lower in October to ten cents higher in March.
Dry whey was trading at $0.2650, up $0.0075. There were no sales registered.
The price of cheese blocks remained steady at $1.43. Six sales ranged from $1.43 to $1.4450.
Cheese barrels increased $0.0375 to $1.55. Five sales ranged from $1.53 to $1.55.
At $2.4025, butter was down $0.0425. Five transactions were registered, with prices ranging from $2.4025 to $2.44.
Nonfat dried milk fell $0.0075 to $1.1625. Seven transactions were registered, ranging from $1.1625 to $1.1650.
