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Steady Markets in Chicago Wednesday


On the Chicago Mercantile Exchange milk futures were up and cash dairy prices were steady to up Wednesday. June Class III milk was unchanged at $24.31.  July closed up $0.28 at $23.55.  August closed up $0.26 at $24.12.  September was up $0.38 at $24.11.  October through May contracts ranged from five cents higher in February to thirty-two cents higher in November.

In spot trade, Dry whey was down $0.01 at $0.4975.  Four sales were recorded from $0.4975 to $0.51. Cheese Blocks were unchanged at $2.10. No sales were made. Cheese Barrels were unchanged at $2.17.  No sales were made. Butter ended its downhill slide going up $0.0350 to $2.96.50.  Nine trades were recorded from $2.9150 to $2.9650. Nonfat dry milk was unchanged at $1.81. No sales were recorded.


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