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CME butter demand still strong, cash dairy prices mixed Wednesday

Cash dairy prices were mostly mixed Wednesday on the Chicago Mercantile Exchange. 

Dry whey was down $0.0025 at $0.5950.  Nine sales were recorded, ranging from $0.5950 to $0.60. 

Forty-pound cheese blocks were up $0.0050 at $1.9425.   Six sales were recorded, ranging from $1.93 to $1.9425. 

Cheese barrels were up $0.04 at $1.93.  Four sales were recorded, ranging from $1.91 to $1.93. 

Butter was up $0.02 at $2.6350.  Forty-eight sales were recorded, ranging from $2.6175 to $2.6375.  It’s the fifth trading session in a row with double-digit butter sales and second with more than 40. 

Nonfat dry milk was unchanged at $1.35.  Seven sales were recorded, ranging from $1.35 to $1.3550. 

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