CME milk, cash dairy down again Wednesday

CME milk, cash dairy down again Wednesday

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. 

    

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