CME dairy prices mixed as whey, milk rise and butter slips

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CME dairy prices mixed as whey, milk rise and butter slips

CME dairy prices were mixed Thursday at the Chicago Mercantile Exchange, with some contracts firming while others eased, according to exchange data.

Dry whey increased $0.0125 to $0.6825, with one trade reported at that price.

Forty-pound cheese blocks slipped $0.0125 to $1.5325. Two trades were reported between $1.5325 and $1.54.

Cheese barrels edged down $0.0050 to $1.5475, with one sale recorded at that level.

Butter fell $0.09 to $1.48. Five trades were reported in a range from $1.4575 to $1.48.

Nonfat dry milk rose $0.0525 to $1.50, with eight trades executed between $1.46 and $1.50.

CME dairy prices snapshot

  • Dry whey: $0.6825, up $0.0125, one sale
  • Cheese blocks (40-lb): $1.5325, down $0.0125, two sales between $1.5325 and $1.54
  • Cheese barrels: $1.5475, down $0.0050, one sale
  • Butter: $1.48, down $0.09, five sales between $1.4575 and $1.48
  • Nonfat dry milk: $1.50, up $0.0525, eight sales between $1.46 and $1.50
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