Market News

CME milk futures and cash dairy closed lower Wednesday

Milk futures and cash dairy prices were mostly down on the Chicago Mercantile Exchange Wednesday.

July Class III milk was up $0.01 at $22.51.  August closed down $0.50 at $20.67.  September closed down $0.42 at $20.32.  October was down $0.27 to $20.74.  November through June contracts ranged from thirty-five cents lower in December to sixteen cents higher in May. 

Dry whey closed down $0.01 at $0.4550.  No sales were recorded.

Cheese blocks were down $0.06 closing at $1.9375. Two sales were made at that price.

Cheese Barrels were down $0.0325 at $1.9575.  Two sales were made with prices at $1.95 and $1.9575.

Butter went up $0.0350 closing at $2.9925.  There were twenty sales ranging from $2.97 to $2.9925.

Nonfat dry milk was down $0.0150 at $1.6650. Two sales were made at that price.