CME milk futures, cash dairy prices down Wednesday

CME milk futures, cash dairy prices down Wednesday

Milk futures and cash dairy prices all closed lower Wednesday on the Chicago Mercantile Exchange.

March Class III milk was down $0.28 at $17.75.  April was down $0.08 at $17.59.  May was down $0.14 at $17.90.  June was down $0.13 at $18.45.  July through January contracts ranged from unchanged in January to sixteen cents lower in July.

Dry whey was down $0.01 at $0.4475.  One sale was recorded at $0.45.

Cheese blocks were down $0.01 at $1.90.  One sale was recorded at that price.