Market News

Cash butter, NFDM higher

In the spot dairy market Thursday, cash cheese barrels were up $.015 at $1.465. The last bid unfilled was on one load at that price. Blocks were unchanged at $1.47, with one bid unfilled.

Butter was $.04 higher at $2.20. There was one load sold at $2.17. The last bid unfilled was on two loads at that price.

Grade A nonfat dry milk was $.025 higher at $.735, with one bid unfilled.

At the Chicago Mercantile Exchange, Class III milk futures were higher. February was up $.03 at $13.93 and March was $.11 higher at $14.08, while April was up $.14 at $14.12 and May was $.09 higher at $14.38.