Milk futures and cash dairy prices were significantly lower on the Chicago Mercantile Exchange Tuesday after the holiday weekend.
July Class III milk was down $0.32 at $22.10. August closed down $0.74 to $21.68. September closed down $0.75 at $21.95. October was down $0.61 at $22.40. November through June contracts ranged from five cents lower next June to fifty-two cents lower in December.
Dry whey was unchanged at $0.50. One sale was made at that price.
CME milk futures, cash dairy significantly lower in Tuesday’s trade