Milk futures and cash dairy higher Wednesday

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Milk futures and cash dairy higher Wednesday

June Class III milk futures on the Chicago Mercantile Exchange 43 cents higher at $17.71.  July up 32 at $17.14.  August through October contracts a dime to 22 cents higher.

Dry whey steady at $0.3525. 

Blocks up $0.07 at $1.92. 

Barrels $0.07 higher at $1.8525.  Eight trades were made, ranging from $1.85 to $1.8525.

Butter up $0.03 at $1.6350.  Thirteen trades, with a range of $1.6325 to $1.64.

Nonfat dry milk up $0.01 at $0.9950.

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