CME milk futures in the US, cash dairy lower Friday
Whey
Published Mar 23, 2024
Tridge summary
The Chicago Mercantile Exchange saw a continued decline in milk futures and the cash dairy markets on Friday. April Class III milk fell by $0.17 to $15.57, May dropped by $0.09 to $16.16, June decreased by $0.13 to $16.86, and July was down by $0.10 to $17.67. Other dairy products such as dry whey, cheese blocks, cheese barrels, and butter also experienced a drop in prices, while nonfat dry milk prices remained stable.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Milk futures and the cash dairy markets continued to fall Friday on the Chicago Mercantile Exchange. April Class III milk was down $0.17 at $15.57. May was down $0.09 at $16.16. June was down $0.13 at $16.86. July was down $0.10 at $17.67. August through February contracts ranged from six cents lower in August to two cents higher in September. Friday’s Class III trade volume was lower with 2,040 contracts. Dry whey was down $0.01 at $0.3950. Two sales were recorded at $0.3950 and $0.4025. Forty-pound cheese blocks were down $0.0050 at $1.3925. Thirteen sales were recorded, ranging from $1.3875 to $1.40. Cheese barrels were down ...
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