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CME milk futures, cash dairy mostly higher Tuesday

By Larry Lee Apr 16, 2024 | 3:59 PM

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

April Class III milk was up $0.05 at $15.49.  May was up $0.36 at $17.22.  June was up $0.33 at $17.57.  July was up $0.20 at $17.98.  

August through November contracts ranged from two cents lower in November to twelve cents higher in August.  November was the only month to see a price drop Tuesday. 

Dry whey was up $0.02 at $0.38.  Two sales were recorded at $0.38 and $0.39. 

Forty-pound cheese blocks were up $0.0425 at $1.61.  Eleven trades were recorded, ranging from $1.60 to $1.61. 

Cheese barrels were up $0.0375 at $1.61.  Seven sales were recorded, ranging from $1.60 to $1.61. 

Butter was up $0.02 at $2.94.  Three trades were recorded, ranging from $2.94 to $2.95. 

Nonfat dry milk was down $0.0075 at $1.1275.  Four sales were recorded, ranging from $1.1225 to $1.1275.