CME milk mostly higher, cash dairy steady to higher Wednesday

CME milk mostly higher, cash dairy steady to higher Wednesday

Milk futures were mostly higher and the cash dairy markets were steady to higher Wednesday on the Chicago Mercantile Exchange.   

September Class III milk was down $0.03 at $18.51.  October was up $0.07 at $18.95.  November was up $0.10 at $18.71.  December was up $0.02 at $18.57.  January through July contracts ranged from two cents lower in February to eleven cents higher in January.   

Dry whey was unchanged at $0.32.  Four sales were recorded, ranging from $0.32 to $0.3225. 

Forty-pound cheese blocks were up $0.0125 at $1.9625.  No sales were recorded. 

Cheese barrels were unchanged at $1.8675.  No sales were recorded. 

Butter was up $0.01 at $2.72.  Six sales were recorded, ranging from $2.7150 to $2.72. 

Nonfat dry milk was up $0.0325 at $1.09. One sale was recorded at that price. 

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