Market News
Milk futures mostly lower Wednesday, cash dairy mixed
February Class III milk futures on the Chicago Mercantile Exchange steady at $20.89. March down 44 cents at $22.02. April 38 lower at $22.48. May through July contracts 3 higher to 18 lower.
Dry whey unchanged at $0.81.
Blocks steady at $1.99.
Barrels down $0.02 at $1.9350.
Butter down $0.01 at $2.64. Five trades, ranging from $2.64 to $2.6475.
Nonfat dry milk up $0.01 at $1.86. Twelve trades with a range of $1.85 to $1.8650.
