CME MILK FUTURES LOWER, CASH DAIRY MIXED WEDNESDAY

Milk futures were lower and cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange.

June Class III milk was down $0.04 at $15.05.  July was down $0.24 at $15.56.  August was down $0.28 at $16.31.  September was down $0.28 at $17.29.  October through April contracts ranged from twenty-five cents lower in October to three cents higher in January.

Dry whey was down $0.0075 at $0.2725.  Fifteen sales were recorded from $0.2725 to $0.2775.

Cheese blocks were down $0.0150 at $1.39.  Twelve sales were recorded from $1.39 to $1.4075.

Cheese barrels were down $0.0225 at $1.5275.  No sales were recorded.

Butter was up $0.0325 at $2.3850.  One sale was recorded at that price. Nonfat dry milk was up $0.0025 at $1.1625.  Two sales were recorded at $1.16 and $1.1625.