Class III milk futures at the Chicago Mercantile Exchange again continued lower Wednesday following the elections and lower cash trade.
November closed six cents lower at $14.46. December down 17 cents at $14.66. January 12 cents lower at $14.78. February down a dime at $14.92. March through next October contracts closed four to eight cents lower.
Barrels were down $0.03 at $1.3050. Three trades were made ranging from $1.3150 to $1.32.
Blocks closed $0.0325 lower at $1.4250. Five trades were made ranging from $1.4175 to $1.4375.
Butter was down $0.03 at $2.21. Five trades were made ranging from $2.21 to $2.23.
Nonfat dry milk was $0.0150 lower at $0.87. One trade was made at that price.
Dry whey closed unchanged at $0.4450.
--Brownfield AgNews