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Dairy prices were mostly down

At the Chicago Mercantile Exchange dairy prices were mostly down on Wednesday trading.   Class III milk futures for December were unchanged at  $15.42. January milk was down $.05 closing at $14.24.  February was down $.06 at $14.25.  March was down $.05 closing at $14.42.  Most of the 2018 milk futures market saw similar losses except for a penny gain in September.

Grade AA Butter closed up $.0250 closing at  $2.225.  Twenty carloads of butter were sold with two topping at $2.225. Barrels were up $.0075 closing at $1.57.  Eight carloads of barrels were sold ranging from $1.5625 to $1.57. 40-pound blocks dropped $.0425 to $1.47.  Nine carloads of blocks were sold ranging from $1.47 to $1.505.   Nonfat dry milk ended the day unchanged at $.7125.  No sales were recorded.

(T2, D1)
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