CME dairy prices continue upward trend Wednesday
Most milk futures and cash dairy prices continued to rise on the Chicago Mercantile Exchange Wednesday.
January Class III milk was down $.09 at $20.66. February closed up $.56 at $22.35. March closed up $.31 at $21.75. April was up $.24 at $21.34. May through November contracts ranged from six to twenty-two cents higher.
Dry whey was unchanged at $0.7525. No sales were recorded.
Cheese Blocks closed up $.0500 at $2.0650. Three sales were recorded from $2.0475 to $2.06.
Cheese Barrels were $.0725 higher, closing at $1.8725. Three sales were recorded from $1.8550 to $1.8725.
Butter was up $.0600 at $2.71. There were three sales ranging from $2.7075 to $2.7125.
Nonfat dry milk was up $.0225 at $1.6675. Eight sales were recorded from $1.6525 to $1.6675.