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Milk futures were higher in the near term and cash dairy prices were mixed Wednesday on the Chicago Mercantile Exchange.
May Class III milk was up $0.06 at $16.46. June was up $0.31 at $17.19. July was up $0.22 at $17.87. August was up $0.09 at $18.54. September through April contracts ranged from one cent lower in November and December to six cents higher in October.
Dry whey was down $0.01 at $0.3025. Fourteen sales were recorded from $0.3025 to $0.3125.
Written by: Leah Jones