Market News
CME milk futures mostly up a little, cash dairy mixed Wednesday
Milk futures were mostly up and cash dairy prices were mixed on the Chicago Mercantile Exchange Wednesday.
June Class III milk was up $0.03 at $24.34. July closed up $0.01 at $24.26. August closed up $0.01 at $24.40. September was unchanged at $24.32. October through May contracts ranged from one cent lower in October to twenty-seven cents lower in December.
Dry whey was down $0.0050 at $0.51. Four sales were recorded from $0.51 to $0.5175.
Cheese Blocks were up $0.04 at $2.2250. No sales were recorded.
Cheese Barrels were up $0.0350 to $2.21. Two trades were made at that price.
Butter was down $0.01 to $2.97. Six trades were made from $2.95 to $2.9725.
Nonfat dry milk was down $.0025 to $1.8175. No sales were recorded.