Milk futures on the Chicago Mercantile Exchange continued lower Wednesday with cash cheese trade and global markets overhanging prices.
July Class III milk down a penny at $16.65. August down 19 cents at $16.10. September 28 cents lower at $16.60. October down 19 cents at $17.40. November through January contracts five cents lower to a penny higher.
Dry whey down $0.0050 at $0.5325. Three trades were made from $0.52 to $0.5325.