Milk futures build on recent gains Wednesday, cash dairy mostly higher

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Milk futures build on recent gains Wednesday, cash dairy mostly higher

January Class III milk futures on the Chicago Mercantile Exchange a penny higher at $20.38.  February up 43 at $22.63.  March 29 higher at $22.38.  April through June contracts 20 to 38 cents higher.

Dry whey steady at $0.7625.

Blocks up $0.0050 at $2.0525.

Barrels up $0.0750 at $1.9050.

Butter down $0.0125 at $2.83.

Nonfat dry milk up $0.02 at $1.76.  Two trades at $1.75 and $1.76.

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