CME milk futures lower, cash dairy mixed Wednesday
Milk futures were lower and cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange.
June Class III milk was down $0.15 at $15.41. July was down $0.17 at $16.15. August was down $0.19 at $17.00. September was down $0.18 at $17.95. October through April contracts ranged from four cents lower in November to fifteen cents lower in April.
Dry whey was down $0.0050 at $0.27. Eleven sales were recorded from $0.27 to $0.28.
Cheese blocks were down $0.01 at $1.42. Fourteen sales were recorded from $1.4150 to $1.43.
Cheese barrels were up $0.0025 at $1.4975. Eleven sales were recorded from $1.4950 to $1.4975.
Butter was up $0.0250 at $2.4550. One sale was recorded at that price.
Nonfat dry milk was down $0.0075 at $1.1550. One sale was recorded at that price.