Milk futures, cash dairy mixed

Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile closed mostly lower for the week while cash trade was mixed.

February Class III milk up six cents at $17.01.  March down two cents at $16.64.  April 16 cents lower at $16.56.  May down 17 cents at $16.71.  June through September contracts eight to 14 cents lower.

Dry whey unchanged at $0.37. 

Blocks down $0.0325 at $1.7675.  Five sales were made ranging from $1.7575 to $1.7675. 

Barrels up $0.050 at $1.59.  Five trades were made ranging from $1.59 to $1.60.

Butter unchanged at $1.7750.  Sixteen trades were made ranging from $1.7350 to $1.7650.

Nonfat dry milk down $0.0075 at $1.17.  One trade was made at that price.

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