Market News

Milk futures higher, cash dairy mostly higher Thursday

June Class III milk futures on the Chicago Mercantile Exchange limit up 75 cents at $16.10.  July limit higher at $16.80.  August through October 66 to 75 higher.

Dry whey down $0.01 at $0.39.  Six trades were made, ranging from $0.39 to $0.40.

Blocks up $0.1725 at $1.75.

Barrels $0.1675 higher at $1.6675.

Butter up $0.1350 at $1.6450.  Fifteen trades made, with a range of $1.60 to $1.6450.

Nonfat dry milk up $0.04 at $0.92.