Market News

Milk futures, cash dairy mixed

In Class III trade at the Chicago Mercantile Exchange, milk futures were mixed in consolidation trade. July was up $.01 at $15.28, August was down $.09 at $16.85, September was unchanged at $16.78, and October was $.01 higher at $16.66.

Over in the spot market, cash cheese blocks were up $.0125 at $.17325. There was one load sold at that price and one sold at $1.735. Barrels were unchanged at $1.775.

Butter was down $.0525 at $2.17. The last unfilled bid was on one load at $2.10. The last uncovered offer was for one load at $2.17.

Nonfat dry milk was $.005 lower at $.8375. Two loads were sold at that price, along with one at $.84. The last uncovered offer was for one load at $.84.