Market News

Milk futures, cash dairy mostly higher

Milk futures on the Chicago Mercantile Exchange started the week with light, positive trade along with cash markets.

April Class III milk up three cents at $17.67.  May up 12 cents at $19.12.  June up four cents at $19.10.  July five cents lower at $19.05.  August through October contracts a penny lower to two cents higher.

Dry whey unchanged at $0.6750. 

Blocks up $0.02 at $1.80.  Seven sales were made from $1.7925 to $1.80.

Barrels up $0.0525 at $1.7425.  Five trades were made at $1.69 and $1.7350.

Butter up $0.02 at $1.87.  Eight sales were made from $1.8450 to $1.87.

Nonfat dry milk up $0.02 at $1.2350.  One trade was made at that price.