On the Chicago Mercantile Exchange milk futures closed mixed Wednesday, range-bound with limited cash direction. February Class III milk a penny higher at $15.49. March down three cents at $16.28. April up three cents at $16.79. May down five cents at $17.10. June through August contracts eight cents lower to a penny higher.
On spot trade blocks down $0.0575 at $1.57. Four sales were made ranging from $1.57 to $1.6025. Barrels unchanged at $1.50. Six sales were made at that price. Butter down $0.0075 at $1.28. One trade was made at that price. Nonfat dry milk down $0.01 at $1.12. Six trades were made at $1.12 and $1.1225. Dry whey unchanged at $0.54.
(T1, D1)
