On the Chicago Mercantile Exchange, milk futures were mixed at midweek as traders took back some oversold positions and cash markets were mixed. March Class III milk was down two cents at $22.24. April 12 cents lower at $23.05. May unchanged at $23.07. June unchanged at $22.91. July through September eight to 22 cents higher.
In spot trade, Blocks up $0.0250 at $2.0550. One sale was made at that price. Barrels down $0.0150 at $1.92. Five trades were made from $1.91 to $1.9275. Butter down $0.0150 at $2.6775. One sale was made at that price. Nonfat dry milk up $0.0150 at $1.8750. Seven trades were made from $1.87 to $1.88. Dry whey down $0.0125 at $0.74. Two sales were made at $0.74 and $0.7450.
