Market News

Milk futures mixed, cash dairy mostly higher Thursday

May Class III milk futures on the Chicago Mercantile Exchange down 16 cents at $11.02.  June down 22 at $12.11.  July through September contracts three to five cents higher.

Dry whey up $0.02 at $0.3750.  Five trades were made at $0.3750.

Blocks up $0.0075 at $1.0075.

Barrels down $0.0375 at $1.00.  Twelve trades made, ranging from $1.00 to $1.0350.

Butter $0.02 higher at $1.16.  Four trades were made, with a range of $1.15 to $1.16.

Nonfat dry milk up $0.01 at $0.86.  Seven trades made, ranging from $0.8475 to $0.86.