CME milk futures and cash dairy prices fall Tuesday

CME milk futures and cash dairy prices fall Tuesday

Most milk futures and cash dairy prices were down significantly on the Chicago Mercantile Exchange Tuesday.  Butter was the only product showing a gain.

December Class III milk was down $.08 at $19.43.  January was down $.24 at $18.40. February was down $.22 at $17.63.  March was down $.22 at 17.19. The milk futures from April through next November ranged from zero to twenty cents lower.

Dry whey was unchanged at $.3625 cents per pound.  Five bids were offered, but no sales were recorded.

Continue reading CME milk futures and cash dairy prices fall Tuesday at Brownfield Ag News.