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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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