All dairy prices except cheese went down on the Chicago Mercantile Exchange on Wednesday.
The price of January Class III milk stayed the same, at $18.73. At $18.23, February was down $0.29. At $18.53, March was down $0.21. At $18.96, April was down $0.24. From May to November, contracts were either the same or went down by as much as 24 cents in May.
Dry whey fell by $0.0075 and now costs $0.3650. There were four sales between $0.3650 and $0.3675.
Blocks of cheese went up by $0.0275 to $2.0275. $2.02 was the price of one sale.
Cheese barrels were up $0.0450 at $1.70. At that price, there were two sales.
Butter’s price went down a lot for the third day in a row, dropping $0.1250 to $2.4750. $2.4750 was the price of one sale.
At $1.3350, the price of nonfat dry milk went down $0.0250. At $1.3350 and $1.34, two sales were made.
