Milk futures were mostly lower and the cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange.
April Class III milk was up $0.07 at $15.54. May was down $0.15 at $17.16. June was down $0.21 at $17.44. July was down $0.17 at $17.90.
August through November contracts ranged from six cents lower in November to seventeen cents lower in August.
Dry whey was up $0.0025 at $0.3825. Five sales were recorded, ranging from$0.3750 to $0.3825.
Forty-pound cheese blocks were unchanged at $1.61. Nine trades were recorded, ranging from $1.58 to $1.61.
Cheese barrels were unchanged at $1.61. Four sales were recorded, ranging from $1.6050 to $1.62.
Butter was down $0.0150 at $2.9250. Two trades were recorded at $2.91 and $2.9250.
Nonfat dry milk was down $0.0075 at $1.12. One sale was recorded at that price.
