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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