Cash dairy prices were steady to lower Wednesday at the Chicago Mercantile Exchange. Dry whey was unchanged at $0.7850. No sales were recorded. Forty-pound cheese blocks were down $0.0025 at $1.56. Two sales were recorded at $1.5625. Cheese barrels remnained unchanged at $1.6125. No sales were recorded. Butter prices were down $0.0450 at $1.48. Three sales were recorded, ranging from $1.48 to $1.50. Nonfat dry milk was down $0.0175 at $1.1775. Nine sales were recorded, ranging from $1.1725 to $1.1950. The post Cash dairy prices steady to lower Wednesday appeared first on Brownfield Ag News.…… Continue Reading
U.S. ethanol production and stocks both moved higher over the past week. The U.S. Energy Information Administration says production averaged 1.091 million barrels per day, up 16,000 on the week, but down 19,000 on the year. Producers continue to generally expect solid demand, but margins are starting to soften. Iowa State University’s Center for Agricultural…… Continue Reading