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CME Milk Futures Keep Sliding

Dairy prices continued to fall at the Chicago Mercantile Exchange Thursday.

 Class Three June milk was down $.06 at  $15.26. July was down $.14 at $14.86. August was down $.07 to $15.49.  September was down $.02 to $16.07. The milk futures from October through next May ranged from one ten cents lower to one cent higher.

Grade AA Butter was up $.0025 at $2.29 per pound.  No sales were recorded.

Barrels were up $.0175 at $1.31 per pound.  Thirty-four carloads sold from $1.2825 to $1.3275. There were also 22 carloads sold Wednesday.

 Forty-pound blocks were down $.01 to $1.4950 per pound.  Three carloads sold from $1.4950 to $1.5050. Three carloads of blocks sold from $1.4950 to $1.5050.

Nonfat dry milk was up $.0025 at $.77 per pound. Eight carloads sold from $.76 to $.77.

Dry whey was unchanged at $.39 cents per pound.  No sales were recorded.

 
--Brownfield AgNews 
Reader Comments
Comments posted do not express the viewpoint of Dairy Agenda Today or its staff members.

Tony Whitehead
June, 21 2018
What did anyone expect? Government hands out money, Chicago and Kansas City take it out of the market.its happened every time we get one of these welfare payments. For years and years it's been like this.