Market News

Milk futures higher, cash dairy mixed Friday

June Class III Milk futures on the Chicago Mercantile Exchange closed 26 cents higher at $24.51.  July up 23 at $24.60.  August futures up 18 at $24.36.  September through November contracts 23 to 27 cents higher.

Dry whey up $0.0125 at $0.5225.

Blocks steady at $2.28.

Barrels up $0.01 at $2.2950.

Butter down $0.0125 at $2.8775.  Four trades were made ranging from $2.87 to $2.89.

Nonfat dry milk up $0.0050 at $1.86.