Milk futures lower, cash dairy steady to higher Thursday
In light trade Thursday, milk futures were mostly lower and cash dairy closed higher.
January Class III milk futures on the Chicago Mercantile Exchange down a nickel at $19.49. February 20 cents lower at $19.95. March through May contracts four higher to nine lower
Dry whey up $0.0150 at $0.75.
Blocks unchanged at $1.8725.
Barrels steady at $1.65.
Butter up $0.06 at $2.25. Nine trades made, ranging from $2.1875 to $2.25.
Nonfat dry milk unchanged at $1.67.