Market News

Milk futures, cash mostly higher

Milk futures on the Chicago Mercantile Exchange continue their higher trend supported by positive cash movement.

December Class III milk up 26 cents at $15.45.  January 34 cents lower at $15.98.  February up 31 cents at $16.55.  March 21 cents higher at $16.75.  April through June contracts two to 12 cents higher.

Dry whey up $0.0025 at $0.4525. 

Blocks up $0.0075 at $1.5850.  Three sales were made at $1.5650 and $1.5675.

Barrels up $0.0150 at $1.42.  Seven trades were made ranging from $1.4050 to $1.42. 

Butter up $0.02 at $1.4775. 

Nonfat dry milk up $0.0075 at $1.1575.  One sale was made at that price.