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Milk futures higher, cash dairy mixed Wednesday

todayMay 4, 2022 17

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May Class III milk futures on the Chicago Mercantile Exchange up 51 cents at $24.72.  June up 37 at $24.30.  July futures 39 higher at $24.12.  August through October contracts 18 to 29 cents higher.

Dry whey down $0.0075 at $0.5875.  Five sales were made from $0.5875 to $0.6025.   

Blocks unchanged at $2.3475.  Three trades were made from $2.3450 to $2.35.   

Barrels up $0.03 at $2.33.  One sale was made at that price. 

Butter up $0.03 at $2.65.  Two trades were made at that price. 

Nonfat dry milk up $0.0250 at $1.7350. 

Written by: Leah Jones

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