On the Chicago Mercantile Exchange, milk futures were down while cash dairy prices were mixed Wednesday.
June Class III milk was $0.15 lower at $15.41. July’s price went down $0.17 to $16.15. August was $0.19 lower at $17.00. September was $0.18 lower at $17.95. Contracts from October to April were four cents lower in November and fifteen cents lower in April.
Dry whey fell $0.0050 to $0.27. Eleven sales ranged from $0.27 to $0.28.
Cheese blocks were $0.01 lower at $1.42. Fourteen transactions were registered, with prices ranging from $1.4150 to $1.43.
Cheese barrels gained $0.0025 to $1.4975. Eleven transactions from $1.4950 to $1.4975 were reported.
Butter was trading at $2.4550, up $0.0250. At that price, one sale was recorded.
Nonfat dried milk fell $0.0075 to $1.1550. At that price, one sale was recorded.
