Milk futures on the Chicago Mercantile Exchange finished down Wednesday, following the trend of commodities, while cash markets were mainly lower as well.
Class III milk for October is down 24 cents to $21.70. The November contract is down 36 cents to $21.43. The December contract is down 36 cents to $21.40. The January contract is down 24 cents to $20.97. Contracts are six to 19 cents lower from February to April.
Dry whey is $0.0050 lower at $0.45. At that price, one sale was made.
Blocks are $0.02 lower at $2.0325. At that price, one sale was made.
Barrels are trading at $2.1750, up $0.0050. At that price, one sale was made.
At $3.1075, butter is down $0.0425.
The price of nonfat dry milk is steady at $1.56.
(T4, D1)
