Milk futures down, cash dairy mostly lower
Milk futures were lower, and cash dairy prices were mixed on the Chicago Mercantile Exchange Wednesday. July Class III milk was unchanged at $24.32 and August was down $.54 at $22.76, while September was down $.43 at $20.93 and October was down $.20 at $19.25. The milk futures from November through next June ranged from unchanged to twelve cents lower.
Dry whey was down $.0050 at $.34 cents per pound. One sale was recorded at that price.
Forty-pound blocks of cheese were down $.0375 at $2.6225 per pound. There were four sales recorded from $2.62 to $2.63. Barrels were down $.0150 at $2.45 per pound. Eight sales were recorded from $2.44 to $2.46.
Grade AA Butter was up $.0050 at $1.6675 per pound. No sales were recorded.
Nonfat dry milk was up $.0050 at $.9975 per pound. Two sales were recorded at $.9975 and $1.00.