Market News

Milk futures, cash dairy mostly higher

Milk futures on the Chicago Mercantile Exchange maintained midweek strength Thursday with cash trade mostly supportive.

April Class III milk up eight cents at $17.63.  May up 22 cents at $19.40.  June up 35 cents at $19.62.  July 25 cents higher at $19.45.  August through October contracts five to 16 cents higher.

Dry whey down $0.02 $0.64.  One sale was made at that price. 

Blocks up $0.0075 at $1.8075. 

Barrels up $0.0050 at $1.5850.   

Butter up $0.03 at $1.8425.  Eight trades were made ranging from $1.8250 to $1.8475.

Nonfat dry milk up $0.0125 at $1.2050.  Three trades were made at $1.2050 and $1.2075.