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Milk Futures Higher, Cash and Dairy Mixed in Chicago Wednesday

At the Chicago Mercantile Exchange milk futures were higher and the cash dairy markets were mixed Wednesday. December traded 2 cents higher to $14.06 per cwt. January through December 2019 ranged from a penny higher to 10 cents stronger. The first half 2019 average now stands at $15.06 per cwt while the full year is offering $15.66. Class IV markets were unchanged to 9 cents higher.

Dry whey was unchanged at  $.4275 cents per pound. No sales were recorded. Forty-pound blocks were up $.0500 at $1.36 per pound.  No sales were recorded. Barrels were down $.0100 at $1.24 per pound.  One carload sold at that price. Grade AA Butter was down $.0150 at $2.20 per pound.  One carload sold at that price. Nonfat dry milk was unchanged at $.91 per pound.  No sales were recorded.

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