CME milk futures and cash dairy down Monday

CME milk futures and cash dairy down Monday

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.