News

USA: CME milk futures lower, cash dairy mixed again Wednesday

Whey
Published Feb 29, 2024

Tridge summary

Milk futures were lower and the cash dairy markets were mixed Wednesday on the Chicago Mercantile Exchange. March Class III milk was down $0.04 at $17.24. July through January contracts ranged from unchanged in September, October, and December. Dry whey was down $ 0.0125 at $0.44. Forty-pound cheese blocks were up $0.0050 at $1.6150.
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 were lower and the cash dairy markets were mixed Wednesday on the Chicago Mercantile Exchange. March Class III milk was down $0.04 at $17.24. April was down $0.07 at $17.49. May was down $0.07 at $17.77. June was down $0.11 at $18.05. July through January contracts ranged from unchanged in September, October, and December to fifteen cents lower in July. Wednesday’s Class III trade volume was 1,854 contracts. Dry whey was down $0.0125 at $0.44. Three sales were recorded, ranging from $0.45 to $0.4575. Forty-pound cheese blocks were up $0.0050 at $1.6150. No sales were recorded. Cheese barrels remained ...
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