Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mostly lower Wednesday and cash trades were mostly higher.

September Class III milk down three cents at $16.30.  October 22 cents higher at $18.89.  November up 24 cents at $17.60.  December 16 cents higher at $16.68.  January through March contracts 12 to 14 cents higher.

Dry whey down $0.0075 at $0.34.  Two sales were made at that price.  

Blocks up $0.1125 at $2.3275.  One trade was made at that price. 

Barrels up $0.01 at $1.61.  Two trades were made at $1.60 and $1.61. 

Butter up $0.0050 at $1.51.

Nonfat dry milk up $0.0075 at $1.0675 One trade was made at that price.