Milk futures on the Chicago Mercantile Exchange took back overbought positions Wednesday as lower cash markets sucked the optimism back out of the market.

December Class III milk down two cents at $15.77.  January 19 cents lower at $16.13.  February down 51 cents at $17.30.  March 31 cents lower at $17.24.  April through June contracts 31 to 35 cents lower.

Dry whey down $0.0025 at $0.4650.  One sale was made at that price. 

Blocks down $0.0025 at $1.65. 

Barrels unchanged at $1.4575. 

Butter down $0.0225 at $1.4525.  One sale was made at $1.4425. 

Nonfat dry milk up $0.0075 at $1.15.  Two trades were made at that price.

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