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Milk Futures Mostly Lower, Cash Dairy Mostly Higher

Class III milk futures at the Chicago Mercantile Exchange closed mostly lower Wednesday pressured in part by lower global market prices.

October closed a nickel lower at $15.75.  November down a time at $15.89.  December down eight at $15.94.  January seven cents lower at $15.84.  February through next September contracts closed two cents lower to two cents higher.

Barrels were up $0.0050 at $1.3650.

Blocks were $0.0050 higher at $1.66.

Butter was down $0.0225 at $2.2275.

Nonfat dry milk closed unchanged at $0.8575.  One sale was made at $0.8550.

Dry whey up $0.0050 at $0.5625.  Two trades were made at $0.56 and $0.5625.

--Brownfield AgNews