Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange were mixed Thursday, mostly higher as markets work to find a new trading range.

July Class III milk down eight cents at $24.23.  August up 35 cents at $22.69.  September 55 cents higher at $20.03.  October 47 cents higher at $18.32.  November through January contracts one to 36 cents higher.

Dry whey up $0.0125 at $0.3325. 

Blocks down $0.09 at $2.71.  Two trades were made at that price. 

Barrels down $0.0025 at $2.4175. 

Butter down $0.0025 at $1.69.  One trade was made at $1.6675.

Nonfat dry milk down $0.01 at $1.00.  Ten trades were made ranging from $1.00 to $1.01. 

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