At the Chicago Mercantile Exchange Wednesday, Class III milk futures closed down three to eight cents while cash dairy finished steady to lower. June milk closed down three cents at $15.37. July fell $0.08 to $15.75. August milk weakened six cents to $16.35. And September futures were down a nickel at $16.71. The October through January contracts were three to four cents lower at the close.
Grade AA butter down $0.0125 at $2.3575 Wednesday. Blocks unchanged Wednesday at $1.64. Barrels steady at $1.54. Nonfat dry milk down $0.0075 at $0.78. Dry weigh down $0.0075 at $0.41. One trade at $0.41.
(T1, D1)