Milk futures down, cash dairy mostly lower Wednesday
March Class III milk futures on the Chicago Mercantile Exchange settled two cents lower at $16.32. April down seven at $16.01. May through August contracts two to seven cents lower.
Dry whey unchanged at $0.3350.
Blocks down $0.0025 at $1.76.
Barrels down $0.02 at $1.5175.
Butter up $0.0050 at $1.8650.
Nonfat dry milk down $0.0050 at $1.1350. Five trades made, ranging from $1.13 to $1.14.