Market News

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.