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Milk futures mostly higher, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange flipped higher Wednesday, supported somewhat by continued cash cheese trade.

December Class III milk down three cents at $15.52.  January four cents higher at $16.10.  February up 17 cents at $16.91.  March 16 cents higher at $17.11.  April through June contracts unchanged to six cents higher.

Dry whey unchanged at $0.4650. 

Blocks up $0.0025 at $1.6450.  Two trades were made at $1.6425 to $1.6450.

Barrels unchanged at $1.42.  Two trades were made at that price.

Butter down $0.02 at $1.5150.  Seven trades were made ranging from $1.4975 to $1.5150. 

Nonfat dry milk down $0.0125 at $1.1375.  One trade was made at that price.

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