Milk futures and cash dairy prices were lower again Wednesday on the Chicago Mercantile Exchange.
May Class III milk was down $0.35 at $17.78. June was down $0.31 at $17.91. July was down $0.23 at $18.31. August was down $0.23 at $18.52.
September through November contracts ranged from thirteen cents lower in October to Sixteen cents lower in September.
Dry whey was down $0.01 at $0.37. Two sales were recorded at $0.37 and $0.3750.
Forty-pound cheese blocks were down $0.02 at $1.74. No sales were recorded.
Cheese barrels were unchanged for a third straight session at $1.77. No sales were recorded.
Butter was down $0.0025 at $2.9675. No sales were recorded.
Nonfat dry milk was down $0.0150 at $1.1025. Three sales were recorded, ranging from $1.10 to $1.1025.
