Market News

CME cash dairy prices up, futures up sharply Wednesday

Milk futures were up sharply Wednesday on the Chicago Mercantile Exchange, but not enough to make up for huge Monday losses.  Cash dairy prices also made small gains.

Class Three June milk was up $.01 at  $15.23. July was up $.23 at $14.29. August was up $.39 to $15.27.  September was up $.32 to $15.89. The milk futures from October through next May ranged from zero to twenty-six cents higher.

Grade AA Butter was up $.0075 to $2.2525 per pound.  Ten carloads sold with prices from $2.2525 to $2.2750.

Barrels were up $.05 at $1.2550 per pound.  Twenty-five carloads sold from $1.25 to $1.2975.   

Forty-pound blocks were down $.04 to $1.45 per pound.  Two carloads sold at that price.

Nonfat dry milk was up $.0050 at $.7525 per pound. Four carloads sold from $.7475 to $.7525.  

Dry whey was up $.0125 to $.4025 cents per pound.  One carload sold at $.39.