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Mixed Markets Return in Chicago Wednesday

On the Chicago Mercantile Exchange milk futures closed mixed Wednesday following the direction of the cash market. September Class III milk down three cents at $16.70. October up 15 cents at $17.60. November 14 cents higher at $17.61. December up seven cents at $17.70. January through March contracts unchanged to a nickel lower.

The CME spot product trade was mostly higher. Dry whey up $0.0125 at $0.5175. Two sales were made at $0.51 and $0.5125. Blocks up $0.0175 at $1.7525. Barrels up $0.04 at $1.47. Two trades were made at $1.46 and $1.47. Butter down $0.0025 at $1.7850. Six trades were made from $1.7725 to $1.7925. Nonfat dry milk down $0.0025 at $1.3575. Three trades were made at that price.

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