Market News

Milk futures, cash dairy trade higher

Milk futures on the Chicago Mercantile Exchange ended the week higher as well as cash markets.

December Class III milk up 27 cents at $18.60. January 48 cents higher at $18.77. February up 33 cents at $18.95. March 33 cents higher at $19.10. April through June 14 to 26 cents higher.

Dry whey up $0.0125 at $0.6975.

Blocks unchanged at $1.8575.

Barrels unchanged at $1.6025.

Butter up $0.02 at $2.0025. Ten trades were made from $1.9850 to $2.0125.

Nonfat dry milk unchanged at $1.5625. Four sales were made from $1.5625 to $1.5750.