Market News

Milk futures lower, cash dairy mixed Wednesday

December Class III milk futures on the Chicago Board of Trade closed 2 cents lower at $19.83.  January down 19 at $19.42.  February down 21 at $19.43.  March through May contracts a penny to 16 cents lower.

Dry whey unchanged at $0.45.

Blocks down $0.0250 at $2.0650. 

Barrels up $0.0175 at $1.8175.

Butter down $0.0050 at $2.9250.

Nonfat dry milk down $0.0275 at $1.36.  Two trades were made at $1.36.