Butter up, blocks down at CME Wednesday

Cash dairy prices were steady-to-lower except for butter on Wednesday at the Chicago Mercantile Exchange.    Dry whey was unchanged at $0.72.  No sales were recorded.  Forty-pound cheese blocks were down $0.05 at $1.3925.  Six sales were recorded, ranging from $1.3925 to $1.4025.  Cheese barrels remained unchanged at $1.44.  No sales were recorded.  Butter prices were up $0.0175 at $1.6525.  Twenty-two sales were recorded, ranging from $1.6350 to $1.6675.  There were also thirty-four unsuccessful bids.  Nonfat dry milk was down $0.0050 at $1.5950.  Two sales were recorded at $1.5850 and $1.60. 

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