Market News
Milk futures mixed, cash dairy mostly higher Friday
September Class III milk futures on the Chicago Mercantile Exchange closed three cents lower at $16.64. October up four at $16.85. November milk a penny lower at $17.10. December through February contracts unchanged to six cents higher.
Dry whey steady at $0.4850.
Blocks up $0.0150 at $1.7350.
Barrels down $0.0025 at $1.3925. Seven trades made, ranging from $1.38 to $1.40.
Butter up $0.0025 at $1.7975. Four trades were made, ranging $1.7925 to $1.80.
Nonfat dry milk up $0.0150 at $1.34. Four trades made, with a range of $1.33 to $1.34.
