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Milk futures mostly higher Thursday, cash dairy mostly steady

Milk futures mostly higher, cash dairy mostly steady Thursday

May Class III milk futures on the Chicago Mercantile Exchange down 24 cents to $12.88.  June up 4 to $13.60.  July through September contracts 11 to 19 cents higher.

Dry whey steady at $0.33.

Blocks down $0.04 to $1.27.

Barrels unchanged at $1.1750.  Eleven trades were made, ranging from $1.1750 to $1.19.

Butter steady at $1.31.  Four trades made, with a range of $1.3050 to $1.31.

Nonfat dry milk unchanged at $0.8750.

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