Market News

Milk futures, cash dairy mostly higher

Milk futures on the Chicago Mercantile Exchange were higher Thursday as lower corn markets provided some feed cost relief.

September Class III milk down five cents at $19.79. October up 25 cents at $20.59. November up 24 cents at $21.09. December up 32 cents at $21.27. January through March contracts 21 to 31 cents higher.

Dry whey up $0.0050 at $0.45. Three sales were made at that price.

Blocks unchanged at $1.85.

Barrels down $0.0025 at $1.9325.

Butter unchanged at $3.1475.

Nonfat dry milk up $0.0350 at $1.5650. Ten sales were made from $1.5425 to $1.5650.