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Milk futures lower, cash dairy steady to lower Wednesday

August Class III milk futures on the Chicago Mercantile Exchange settled 31 lower at $20.95.  September down 69 at $20.97.  October 75 lower at $21.40.  November through January futures 63 to 75 lower.

Dry whey down $0.01 at $0.46.

Blocks unchanged at $2.11.

Barrels steady at $2.17.  Three trades were made, ranging from $2.17 to $2.1725.

Butter down $0.0250 at $2.94.  Fifteen trades, ranging $2.9250 to $2.94.

Milk futures lower, cash dairy steady to lower Wednesday

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