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CME milk futures down, cash dairy mixed Wednesday

Milk futures were lower and the cash dairy markets were mixed Wednesday on the Chicago Mercantile Exchange.   

December Class III milk was down $0.11 at $16.11.  January was down $0.11 at $16.22.  February was down $0.09 at $16.75.  March was down $0.10 at $17.31.  April through October contracts ranged from four cents higher in June to eight cents lower in August and September.  

Dry whey remained unchanged at $0.3975.  Four sales were recorded at that price. 

Forty-pound cheese blocks were down $0.02 at $1.59.  No sales were recorded. 

Cheese barrels were up $0.0575 at $1.4850.  Two sales were recorded at $1.49 to $1.5050. 

Butter was up $0.0550 at $2.6225.  No sales were recorded. 

Nonfat dry milk was up $0.0050 at $1.1950.  No sales were recorded. 

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