News

United States: CME milk futures & cash dairy were mostly higher on Tuesday

Dairy
United States
Market & Price Trends
Published Dec 6, 2023

Tridge summary

Milk futures and cash dairy markets showed overall increases, except for butter and nonfat dry milk. Class III milk prices for December through March were up, while April through November contracts had slight increases. Dry whey remained unchanged, cheese blocks and barrels were up, but butter and nonfat dry milk prices declined slightly.
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 were higher except for butter and nonfat dry milk Tuesday on the Chicago Mercantile Exchange. December Class III milk was up $0.16 at $16.32. January was up $0.44 at $16.80. February was up $0.33 at $17.02. March was up $0.21 at $17.58. April through November contracts ranged from nineteen cents higher in September to six cents higher in October. Dry whey was unchanged at $0.40. Two sales were recorded at that price. Forty-pound cheese blocks were up $0.0525 at $1.60. Two sales were recorded at that price. Cheese barrels were up $0.0650 at $1.60. Six sales were ...
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