On the Chicago Mercantile Exchange milk futures traded higher Wednesday, gaining support as grains moved lower and cash markets were higher. April Class III milk unchanged at $17.64. May up two cents at $19.22. June up 12 cents at $19.64. July up 22 cents at $19.80. August through October contracts seven to 16 cents higher.
On the product market, dry whey up $0.0150 at $0.6750. One sale was made at $0.66. Blocks up $0.0025 at $1.8025. One sale was made at that price. Barrels up $0.0150 at $1.8125. Three sales were made at $1.80 to $1.81. Butter up $0.0075 at $1.8050. One sale was made at that price. Nonfat dry milk unchanged at $1.31.
(T1, D1)
