Market News
Milk futures down, cash dairy mostly higher Wednesday
May Class III milk futures on the Chicago Mercantile Exchange limit down 75 cents at $11.83. June 54 lower at $13.26. July through September three to 42 cents lower.
Dry whey up $0.01 at $0.34.
Blocks unchanged at $1.1275.
Barrels down $0.0350 at $1.0650. Five trades were made, ranging from $1.0650 to $1.1125.
Butter up $0.0350 at $1.30. Three trades made at $1.30.
Nonfat dry milk up $0.0050 at $0.9050. Three trades were made, with a range of $0.9025 to $0.9050.
