Market News

Milk futures higher, cash dairy mostly higher Thursday

February Class III Milk futures on the Chicago Mercantile Exchange closed 3 cents higher at $17.93.  March up 15 at $17.79.  April 19 higher at $18.12.  May through July contracts 5 to 8 cents higher.

Dry whey up $0.0450 at $0.40.

Blocks down $0.02 at $1.8750.

Barrels up $0.0175 at $1.60.

Butter up $0.03 at $2.36.

Nonfat dry milk up $0.01 at $1.21.