June Class III Milk Prices Up to $24.42 – Cowsmo

June Class III Milk Prices Up to $24.42

Milk futures were mostly up and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday.

June Class III milk was up $0.12 at $24.42.  July closed down $0.06 at $24.95.  August closed up $0.07 at $24.97.  September was up $0.13 at $24.84.  October through May contracts ranged from six cents lower in May to twenty cents higher in November.

Dry whey was up $0.0175 at $.5425.  Three sales were recorded from $0.5325 to $0.5425.

Cheese Blocks were unchanged at $2.2750.  Two sales were recorded at $2.2875 and $2.2925.

Cheese Barrels were up $0.05 at $2.3050.  Ten trades were made from $2.2525 to $2.3050.

After breaking the three-dollar barrier Wednesday, Butter was unchanged holding at $3.00. Unlike Wednesday where 19 sales were made, there were no butter trades Thursday.

Nonfat dry milk was down $.0150 to $1.87.  Four sales were made from $1.87 to $1.8725.

 

Source: Brownfield

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