CME milk futures dive, cash dairy mostly down Monday

CME milk futures dive, cash dairy mostly down Monday

Milk futures were down sharply and cash dairy prices were mostly down on the Chicago Mercantile Exchange Monday.  

December Class III milk was down $.01 at $19.39.  January was down $.68 at $17.35. February was down $.42 at $17.18.  March was down $.24 at 16.92. The milk futures from April through next November ranged from three to thirteen cents lower.

Dry whey was down $.0250 at $.3125 cents per pound.  There were eight sales recorded from $.3125 to $.3325.

Continue reading CME milk futures dive, cash dairy mostly down Monday at Brownfield Ag News.