CME cash dairy, milk futures lower Tuesday

CME cash dairy, milk futures lower Tuesday

Milk futures and cash dairy prices were lower except for cheese barrels Tuesday on the Chicago Mercantile Exchange. 

Dry whey was unchanged at $0.3850.  Two sales were recorded at that price. 

Forty-pound cheese blocks were down $0.05 at $1.93.  Fourteen sales were recorded, ranging from $1.93 to #2.00. 

Cheese barrels were up $0.0875 at $2.06.  One sale was recorded at that price. 

Butter was down $0.0325 at $2.9950.  Seventeen sales were recorded, ranging from $2.9950 to $3.0075. 

Nonfat dry milk was down $0.0025 at $1.1650.  Twenty-six sales were recorded, ranging from $1.16 to $1.1650. 

Class III milk futures were all lower Tuesday. 

June Class III milk was down $0.49 at $20.77.  July was down $0.29 at $19.92.  August was down $0.25 at $19.49.

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