Market News

Milk futures, cash dairy mostly lower Wednesday

April Class III milk futures on the Chicago Mercantile Exchange down 14 cents at $15.94.  May 20 cents lower at $14.89.  June through August 10 to 23 cents lower.

Dry whey steady at $0.33.

Blocks down $0.0250 at $1.79.

Barrels down $0.01 at $1.44.

Butter down $0.0575 at $1.6525.

Nonfat dry milk down $0.0025 at $0.9975.  Two trades were made, with a range of $0.9950 to $1.00.