CME milk futures and cash dairy closed lower Wednesday
Milk futures and cash dairy prices were mostly down on the Chicago Mercantile Exchange Wednesday.
July Class III milk was up $0.01 at $22.51. August closed down $0.50 at $20.67. September closed down $0.42 at $20.32. October was down $0.27 to $20.74. November through June contracts ranged from thirty-five cents lower in December to sixteen cents higher in May.
Dry whey closed down $0.01 at $0.4550. No sales were recorded.
Cheese blocks were down $0.06 closing at $1.9375. Two sales were made at that price.
Cheese Barrels were down $0.0325 at $1.9575. Two sales were made with prices at $1.95 and $1.9575.
Butter went up $0.0350 closing at $2.9925. There were twenty sales ranging from $2.97 to $2.9925.
Nonfat dry milk was down $0.0150 at $1.6650. Two sales were made at that price.