At the Chicago Mercantile Exchange Wednesday milk futures were mostly up and cash dairy prices were mixed. First half Class III milk averaged $14.64/cwt and 2ndhalf at $16.27. Up in every month .02-.10. February Class Three milk was down $.02 at $14.03. March was up $.07 at $14.46. April was up $.07 to $14.64. May was up $.12 to $15.18. The milk futures from June through next January ranged from unchanged to nine cents higher.
Dry whey was down $.01 at $.39 cents per pound. Two sales were recorded at $.39 and $.3950. Forty-pound blocks were up $.0250 at $1.47 per pound. Five sales were recorded from $1.45 to $1.47 per pound. Barrels were up $.04 at $1.3025 per pound. Seven sales were recorded from $1.28 to $1.3025. Grade AA Butter was up $.0075 to $2.2925 per pound. No sales were recorded. Nonfat dry milk was down $.01 at $1.0075 per pound. One sale was recorded at $1.01.
