Market News
Milk futures higher, cash dairy mixed again Wednesday
May Class III milk futures on the Chicago Mercantile Exchange up 14 cents to $11.18. June also 14 higher to $12.33. July through September contracts a penny to seven cents higher.
Dry whey steady at $0.3550.
Blocks down $0.01 at $1.00. Four trades were made, with a range of $1.00 to $1.04.
Barrels up $0.0225 at $1.0325. Seventeen trades made, ranging from $1.0325 to $1.0425.
Butter down $0.01 at $1.14. Nineteen trades were made, with a range of $1.14 to $1.1750.
Nonfat dry milk unchanged at $0.85.
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