Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile closed in mixed territory Friday as traders worked to buy back oversold positions.

February Class III milk down a penny at $16.99.  March down a penny at $16.31.  April 15 cents higher at $16.17.  May up 17 cents at $16.27.  June through September contracts unchanged to a dime higher.

Dry whey up $0.0025 at $0.34. 

Blocks unchanged at $1.7225. 

Barrels unchanged at $1.59.  

Butter up $0.03 at $1.7250.  Thirty-nine sales were made ranging from $1.6725 to $1.7250.

Nonfat dry milk down $0.0150 at $1.0650.  Eleven trades were made ranging from $1.0650 to $1.08.