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USDA continues evaluating milk marketing orders

(Photo: Economist Roger Cryan questions Kevin Krentz during the recent USDA Federal Milk Marketing Order hearing) A producer who served on the American Farm Bureau’s national dairy committee says it will still be a while before USDA releases federal milk marketing order proposals. Kevin Krentz... Read More.

CME milk futures lower, cash dairy steady to higher Thursday

Milk futures were lower and the cash dairy markets were steady to higher Thursday on the Chicago Mercantile Exchange.  April Class III milk was down $0.08 at $15.56.  May was down $0.09 at $15.96.  June was down $0.13 at $16.64.  July was down $0.13 at $17.39.   August through February contracts ranged... Read More.

Milk futures, cash dairy mostly lower

Milk futures on the Chicago Mercantile Exchange were mostly lower midweek as was cash trade with position squaring and a higher dollar providing some weakness. April Class III milk 21 cents lower at $15.64. May 32 cents lower at $16.05. June down 32 cents... Read More.

CME milk futures, cash dairy steady to lower Thursday

Milk futures and the cash dairy markets were steady to lower again Thursday on the Chicago Mercantile Exchange.  April Class III milk was down $0.43 at $15.74.  May was down $0.23 at $16.25.  June was down $0.30 at $16.99.  July was down $0.27 at $17.77.   August through February contracts ranged from... Read More.

U.S. milk production up again

The latest USDA report says milk production continues to go up.  The National Ag Statistics Service says production in the 24 major dairy states totaled 17.4 billion pounds in February, which is 2.4% higher than February of 2023. Total U.S. production was 18.1 billion... Read More.

Milk futures higher, cash dairy flat

Milk futures on the Chicago Mercantile Exchange were higher Tuesday despite lackluster cash trade and a higher dollar. March Class III milk up two cents at $16.46. April 13 cents higher at $16.29. May 21 cents higher at $16.70. June up 23 cents at... Read More.

CME milk mostly higher, cash dairy mostly lower Monday

Milk futures were mostly steady to higher and the cash dairy markets were lower except cheese barrels Monday on the Chicago Mercantile Exchange.  April Class III milk was up $0.15 at $16.16.  May was up $0.07 at $16.49.  June was unchanged at $17.23.  July was... Read More.

CME milk futures, cash dairy mostly higher Wednesday

Milk futures were higher across the board and the cash dairy markets were steady to higher Wednesday, except for nonfat dry milk on the Chicago Mercantile Exchange.  March Class III milk was up $0.08 at $16.52.  April was up $0.42 at $16.19.  May was up $0.45 at $16.77. ... Read More.

CME milk futures mixed, cash dairy mostly lower Monday

Milk futures were lower in the near months and the cash dairy markets were mostly lower Monday on the Chicago Mercantile Exchange.  March Class III milk was down $0.10 at $16.47.  April was down $0.16 at $15.92.  May was down $0.14 at $16.34.  June was... Read More.

CME milk & cash dairy prices mixed Friday

Milk futures and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange.  March Class III milk was down $0.02 at $16.57.  April was up $0.17 at $16.08.  May was up $0.10 at $16.48.  June was up $0.08 at $17.20.   July through January contracts... Read More.

CME milk & cash dairy prices mixed Friday

Milk futures and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange.  March Class III milk was down $0.02 at $16.57.  April was up $0.17 at $16.08.  May was up $0.10 at $16.48.  June was up $0.08 at $17.20.   July through January contracts... Read More.