Milk futures lower, cash dairy mostly lower Wednesday
April Class III milk futures on the Chicago Mercantile Exchange closed 32 cents lower at $15.67. May down 41 at $15.06. June through August contracts 37 to 45 cents lower Wednesday.
Dry whey down $0.0050 at $0.32. Two trades were made, ranging from $0.32 to $0.3225.
Blocks steady at $1.8725.
Barrels down $0.0675 at $1.4325. Three trades made, with a range of $1.4325 to $1.48.
Butter down $0.07 at $1.67.
Nonfat dry milk down $0.04 at $0.9650. Seven trades were made, ranging from $0.9525 to $0.9675.
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