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CME Dairy Futures Up, Cash Dairy Mostly Down Wednesday

Milk futures were mostly up and cash dairy prices down except for butter on the Chicago Mercantile Exchange Wednesday.  

October Class III milk was up $.02 at $18.62.  November was unchanged at $18.68. December was up $.02 at $18.06.  January was up $.04 at 17.28. The milk futures from February through next September ranged from one cent lower to seven cents higher.

Dry whey was down $.0025 at $.3050 cents per pound.  Twenty-one sales were recorded from $.3050 to $.3125.

Forty-pound blocks were down $.0150 at $2.04 per pound.  One sale was recorded at that price.

Barrels were down $.0050 at $2.02 per pound.  Four sales were recorded at that price.

Grade AA Butter was up $.0225 at $2.1425 per pound.  Twenty-one sales were recorded from $2.1150 to $2.1425.

Nonfat dry milk was unchanged at $1.1675 per pound.  Five sales were recorded from $1.16 to $1.1675.

 
--Brownfield AgNews