Milk futures fell sharply and cash dairy prices were down on the Chicago Mercantile Exchange Monday.
January Class III milk was unchanged at $17.04. February was down $.67 at $17.33. March was down $.57 at $17.68. April was down $.48 at 17.52. The milk futures from May through next December ranged from seventeen to forty cents lower.
Dry whey was unchanged at $.3650 cents per pound. No sales were recorded.
Forty-pound blocks were down $.0625 at $1.9325 per pound.
Continue reading CME milk futures and cash dairy down Monday at Brownfield Ag News.