Market News
Milk futures lower, cash dairy mostly higher Wednesday
June Class III milk futures on the Chicago Mercantile Exchange down a penny at $13.62. July down six at $14.72. August through October a nickel to 11 cents lower.
Dry whey steady at $0.40.
Blocks up $0.0475 at $1.3050. Four trades made, ranging from $1.29 to $1.31.
Barrels unchanged at $1.24. Fourteen trades were made, with a range of $1.2350 to $1.25.
Butter $0.0850 higher at $1.28. Fifteen trades made, ranging $1.26 to $1.28.
Nonfat dry milk up $0.0175 at $0.8225. Four trades, ranging from $0.8050 to $0.8250.
