Market News

CME dairy prices mostly down Wednesday

After a one-day break from sliding prices, milk futures dropped again at the Chicago Mercantile Exchange Wednesday.

 Class Three June milk was unchanged at  $15.32. July was down $.12 at $15.00. August was down $.06 to $15.56.  September was down $.03 to $16.09. The milk futures from October through next May ranged from one two cents lower to two cents higher.

Grade AA Butter was down $.0225 at $2.2875 per pound.  One carload sold at that price.

Barrels were down $.0325 at $1.2925 per pound.  Twenty-Two carloads sold from $1.2875 to $1.33.

 Forty-pound blocks were down $.0625 to $1.5050 per pound.  One carload sold at that price.

Nonfat dry milk was up $.0150 at $.7675 per pound. Nine carloads sold from $.7550 to $.7675.

Dry whey was down $.0050 at $.39 cents per pound.  No sales were recorded.