Market News

CME milk futures down, cash dairy mixed Wednesday

Milk futures were mostly lower and cash dairy prices were mixed on the Chicago Mercantile Exchange Wednesday.

February Class Three milk was up $.03 at $14.01.  March was down $.10 at $14.60. April was down $.05 to $14.50.  May was down $.04 to $14.83. The milk futures from June through next January ranged from five cents lower to five cents higher.

Dry whey was up $.0050 at  $.36 cents per pound. Seven sales were recorded from $.3575 to $.36.

Forty-pound blocks were unchanged at $1.5950 per pound.  Two sales were recorded at $1.5975 and $1.60.

Barrels were down $.0150 at $1.4175 per pound.  Five sales were recorded from $1.4175 to $1.4325.

Grade AA Butter was up $.0075 to $2.2575 per pound.  Seven sales were recorded from $2.2450 to $2.2575.

Nonfat dry milk was unchanged at $.9875 per pound.  No sales were recorded.