CME milk & cash dairy prices lower Wednesday

CME milk & cash dairy prices lower Wednesday

Milk futures and cash dairy prices were mostly down Wednesday on the Chicago Mercantile Exchange.

February Class III milk was down $0.40 at $18.21.  March was down $0.26 at $17.95.  April was down $0.31 at $18.20.  May was down $0.25 at $18.55.  June through December contracts range from one cent lower in August to eleven cents lower in October.

Dry whey was up $0.0050 at $0.33.  No sales were recorded.

Cheese prices fell, with blocks down $0.07 at $1.9175.  Two sales were recorded at $1.90 and $1.9175.

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