On the Chicago Mercantile Exchange milk futures declined at midweek following the general trend in commodities, cash trade was mixed. May Class III milk was down four cents at $24.98. June two cents lower at $24.57. July down four cents at $24.40. August five cents lower at $24.04. September through November unchanged to a dime lower.
In spot trade, dry whey up $0.0050 at $0.5025. Four sales were made at $0.5025 to $0.51. Blocks up $0.0050 at $2.3750. Three trades were made at that time. Barrels unchanged at $2.45. Three trades were made from $2.4450 to $2.4550. Butter up $0.0225 at $2.7925. Seven sales were made from $2.7850 to $2.79. Nonfat dry milk unchanged at $1.7450.
