Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mixed Thursday following the monthly supply and demand report while cash markets were mostly higher.

June Class III milk up 13 cents at $17.20. July up seven cents at $17.60. August down a penny at $18.37. September 11 cents lower at $18.74. October through December contracts five cents lower to five cents higher.

Dry whey unchanged at $0.62.

Blocks up $0.0475 at $1.5050. Six sales were made at $1.5050 and $1.51.

Barrels up $0.01 at $1.6075. Two trades were made at $1.5975 and $1.6075.

Butter up $0.0025 at $1.7925. Thirteen trades were made from $1.79 to $1.8150.

Nonfat dry milk down $0.0150 at $1.30. Six sales were made from $1.2975 to $1.3125.