CME milk & cash dairy prices lower Wednesday
Milk futures and cash dairy prices were mostly down Wednesday on the Chicago Mercantile Exchange.
February Class III milk was down $0.40 at $18.21. March was down $0.26 at $17.95. April was down $0.31 at $18.20. May was down $0.25 at $18.55. June through December contracts range from one cent lower in August to eleven cents lower in October.
Dry whey was up $0.0050 at $0.33. No sales were recorded.
Cheese prices fell, with blocks down $0.07 at $1.9175. Two sales were recorded at $1.90 and $1.9175.
Cheese barrels were down $0.09 at $1.5725. Three sales were recorded from $1.57 to $1.60.
Butter was unchanged at $2.2675. No sales were recorded.
Nonfat dry milk was down $0.0025 at $1.1650. Eight sales were recorded from $1.1550 to $1.1650.