At the Chicago Mercantile Exchange on Wednesday milk futures made small gains and most cash dairy prices were down.
July Class Three milk was up $.03 at $14.21. August was up $.05 to $14.65. September was up $.06 to $15.11. October was up $.04 to $15.37. The milk futures from November through next June ranged from zero to four cents higher.
Grade AA Butter was down $.0250 to $2.20 per pound. Three carloads sold between $2.19 and $2.20. Barrels were up $.0125 at $1.35 per pound. Twelve carloads of barrels sold from $1.3375 to $1.35. Forty-pound blocks were unchanged at $1.5425 per pound. No sales were recorded. Nonfat dry milk was down $.0150 to $.7575 per pound. Two carloads sold at $.7575 and $.76. Dry whey was up $.0050 to $.41 cents per pound. Two carloads sold at that price.
