On the Chicago Mercantile Exchange milk futures continued lower at midweek picking up the overall negative tone of grain markets. March Class III milk was up a penny at $22.38. April 53 cents lower at $22.88. May down 54 cents at $23.33. June 39 cents lower at $23.70. July through September 23 to 31 cents lower.
In spot trade dry whey up $0.0025 at $0.76. One sale was made at that price. Blocks down $0.07 at $2.05. One sale was made at that price. Barrels down $0.04 at $2.98. Butter unchanged at $2.7350. Nonfat dry milk unchanged at $1.8450. One sale was made at that price.
(T3, D1)
