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Dairy Markets Fall Again in Chicago Wednesday


At the Chicago Mercantile Exchange dairy markets were mostly lower again on  Wednesday. Class IIII markets were also lower on Wednesday showing losses of 3 cents in December at $13.86 per cwt and losses of anywhere from 4 to 14 cents from January to May in 2019. January was down $.11 to $14.20. February was down $.12 to $14.61.  March was down $.08 at $14.97. The milk futures from April through next November ranged from zero to eight cents lower. Class IV markets were mainly unchanged on the day with a few months in 2019 showing minimal losses.

Dry whey was up $.0125 at  $.4450 cents per pound. No sales were recorded. Forty-pound blocks were down $.0100 at $1.35 per pound.  No sales were recorded. Two trades were made at that price. Barrels were up $.0025 at $1.2825 per pound.  One trade was made at $1.2850. Grade AA Butter was down $.0050 at $2.2275 per pound.  No sales were recorded. Nonfat dry milk was down $.0050 at $.91 per pound.  One trade was made at that price.


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