Market News

CME milk futures & cash dairy closed higher Wednesday

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

September Class III milk was up $0.17 at $19.84.  October closed up $0.25 at $20.34.  November was up $0.15 at $20.85.  December was up $0.05 to $20.95.  January through July contracts ranged from one cent lower in June to twenty-four cents higher in May. 

Dry whey was unchanged at $0.4450.  No sales were recorded.

Cheese blocks were up $0.09 closing at $1.85.  No sales were recorded.

Cheese Barrels were up $0.06 at $1.9350. One sale was recorded at $1.90.

Butter was up $0.0275 closing at $3.1475.  Nine sales were recorded from $3.1050 to $3.1475.

Nonfat dry milk was down $0.0075 at $1.53.  Four sales were recorded from $1.5250 to $1.53.