To start the week at the CME trade in Chicago, prices are a mix of steady and slightly lower. But let’s break it down together.
First, dry whey didn’t make any waves—it stayed put at $0.61, with no sales on record. Cheese blocks took a tiny dip, down by $0.01 to sit at $1.84, though one sale was recorded at $1.85. Cheese barrels followed suit, going down $0.02 to $1.91, and like dry whey, no sales were reported.
Butter held its ground, unchanged at $3.1050, with no sales. However, the nonfat dry milk market saw a small slip, dropping $0.0075 to $1.2350, with two sales recorded at $1.2325 and $1.2350.
That sounds like a lot of numbers, right? However, keeping an eye on these details can make all the difference in the dairy business.