Market News
Milk futures, cash dairy mostly higher
Milk futures on the Chicago Mercantile Exchange were again higher Thursday supported by strengthening cash cheese prices.
August Class III milk up 25 cents to $19.78. September 30 cents higher at $16.59. October 35 cents higher at $17.17. November up 28 cents at $17.00. December through February contracts one to 16 cents higher.
Dry whey unchanged at $0.31.
Blocks up $0.0950 at $1.70. Three trades were made ranging from $1.6750 to $1.70.
Barrels up $0.0350 at $1.50. Eight trades were made ranging from $1.47 to $1.50.
Butter down $0.0250 at $1.45. Twenty-six trades were made ranging from $1.45 to $1.4725.
Nonfat dry milk up $0.0275 at $0.97. Four trades were made ranging from $0.96 to $0.97.
