CME milk futures higher, cash dairy mixed Wednesday

CME milk futures higher, cash dairy mixed Wednesday

Milk futures were higher in the near term and cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange.

May Class III milk was up $0.06 at $16.46.  June was up $0.31 at $17.19.  July was up $0.22 at $17.87.  August was up $0.09 at $18.54.  September through April contracts ranged from one cent lower in November and December to six cents higher in October.

Dry whey was down $0.01 at $0.3025.  Fourteen sales were recorded from $0.3025 to $0.3125.

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