August 15 – The dairy markets saw mostly higher prices for milk futures and cash dairy products on the Chicago Mercantile Exchange.
Milk Futures
September Class III Milk Futures: Increased by 21 cents to $21.34.
October: Rose 9 cents to $21.66.
November: Gained 13 cents to $21.13.
December through February Contracts: Showed minor fluctuations, with changes ranging from a penny higher to 6 cents lower.
Cash Dairy Products
Dry Whey: Decreased by $0.0025 to $0.56.
Cheddar Cheese Blocks: Increased by $0.0075 to $2.0275.
Cheddar Cheese Barrels: Rose by $0.0050 to $2.1650.
Butter: Remained unchanged at $3.12.
Nonfat Dry Milk: Up by $0.01 to $1.2425.
The overall trend in milk futures and cash dairy prices reflects a generally positive sentiment in the dairy market, with most futures and dairy products seeing upward movement.
