Market News

Milk futures higher, cash dairy mostly higher Wednesday

June Class III milk futures on the Chicago Mercantile Exchange limit up 75 cents at $15.35.  July up the limit at $16.05.  August through October contracts 36 to 71 cents higher.

Dry whey down $0.0025 at $0.40. 

Blocks up $0.0850 at $1.5775.

Barrels $0.09 higher at $1.50.

Butter up $0.1575 at $1.51.  Twelve trades were made, ranging from $1.48 to $1.51.

Nonfat dry milk up $0.02 at $0.88.