Milk futures on the Chicago Mercantile Exchange saw major gains Wednesday ahead of the monthly dairy products report while most cash trade was dimmed by the holiday-shortened week.

July Class III milk 50 cents higher at
$22.85.  August up 66 cents at $20.41. 
September 45 cents higher at $18.36. 
October 38 cents higher at $17.38. 
November through January contracts two to 25 cents higher.

Dry whey up $0.0125 at $0.33.   Seven
trades were made ranging from $0.31 to $0.3175.

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