Market News
CME milk futures mostly up, cash dairy mixed Thursday
Milk futures were mostly up and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday.
June Class III milk was up $0.12 at $24.42. July closed down $0.06 at $24.95. August closed up $0.07 at $24.97. September was up $0.13 at $24.84. October through May contracts ranged from six cents lower in May to twenty cents higher in November.
Dry whey was up $0.0175 at $.5425. Three sales were recorded from $0.5325 to $0.5425.
Cheese Blocks were unchanged at $2.2750. Two sales were recorded at $2.2875 and $2.2925.
Cheese Barrels were up $0.05 at $2.3050. Ten trades were made from $2.2525 to $2.3050.
After breaking the three-dollar barrier Wednesday, Butter was unchanged holding at $3.00. Unlike Wednesday where 19 sales were made, there were no butter trades Thursday.
Nonfat dry milk was down $.0150 to $1.87. Four sales were made from $1.87 to $1.8725.
