CME milk futures, cash dairy markets finish week higher

CME milk futures, cash dairy markets finish week higher

Milk futures and cash dairy prices were higher Friday on the Chicago Mercantile Exchange. 

June Class III milk was up $0.31 at $19.21.  July was up $0.21 at $19.26.  August was up $0.10 at $19.29. September was up $0.05 at $19.29.    

October through December contracts ranged from four cents higher in October and December to ten cents higher in November.     

Dry whey was up $0.0050 at $0.3950.  Ten sales were recorded, ranging from $0.3950 to $0.40. 

Forty-pound cheese blocks were up $0.0025 at $1.79.  One sale was recorded at $1.7875. 

Cheese barrels were unchanged at $1.88.  One sale was recorded at that price. 

Butter was up $0.0175 at $3.0750.  Thirteen sales were recorded, ranging from $3.0675 to $2.0950. 

Nonfat dry milk was down $0.0050 at $1.11.  Two sales were recorded at $1.11 and $1.1150.