23 Feb 2025

Milk | Milk Prices Drastically Drop

Not much good stemmed from dairy markets today.

Q2 Class III Milk Futures gave up a week’s worth of gains, falling nearly 40 cents to $18.44. Q2 Class IV Milk Futures held up better as it only came down 8 cents to $19.65. The CME Spot Trade was lively as Block Cheese came up $0.0175, to $1.89 with 6 lots traded. A big offer in barrel cheese caused it to slide 2 cents downward to $1.5550, with 15 lots traded. Whey remains unchanged at $0.4350. NFDM lost traction as it tumbled 3.75 cents to $1.2275. Butter continued its run up as it finished at $2.4575.

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Topics |
Milk, Prices

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