Market News
CME milk down, cash dairy mixed Wednesday
Milk futures were down in the near term and cash dairy prices were mostly up on the Chicago Mercantile Exchange Wednesday.
June Class III milk was down $0.13 at $24.30. July closed down $0.15 at $25.01. August closed down $0.11 at $24.90. September was down $0.04 at $24.71. October through May contracts ranged from fifteen cents lower in November to twenty cents higher in May.
Dry whey was up $0.0075 at $.5250. No sales were recorded.
Cheese Blocks were down $0.0050 at $2.2750. One sale was recorded at that price.
Cheese Barrels were up $0.01 at $2.2550. No sales were recorded.
Butter was up $0.0375 to $3.00. Nineteen sales were made from $2.9375 to $3.00.
Nonfat dry milk was up $.0050 to $1.8850. No sales were recorded.