Market News

Milk futures, cash dairy trade mixed

Milk futures on the Chicago Mercantile Exchange closed mixed Friday in a narrow range with limited cash market direction.

September Class III milk unchanged at $16.61. October up three cents at $17.18. November unchanged at $16.98. December down one cent at $17.32. January through March contracts unchanged.

Dry whey unchanged at $0.5350.

Blocks down $0.0025 at $1.7925.

Barrels up $0.0175 at $1.51. Seven sales were made from $1.4950 to $1.51.

Butter unchanged at $1.79.

Nonfat dry milk up $0.02 at $1.35. Four trades were made from $1.33 to $1.35.

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