Market News

Milk futures, cash dairy higher

Milk futures on the Chicago Mercantile Exchange closed mostly higher Thursday with mostly supportive cash trade.

June down a penny at $16.31.  July up 15 cents at $16.87.  August 19 cents higher at $17.23.  September up 18 cents at $17.47.  October through February contracts six to 12 cents higher.

Dry whey up 0.0050 at $0.3625.  Two trades were made at $0.36 and $0.3625. 

Blocks up $0.0150 at $1.80.  Ten trades were made ranging from $1.7950 to $1.8050.

Barrels up $0.05 at $1.6025.  Eleven trades were made ranging from $1.60 to $1.6025.

Butter unchanged at $2.3925.  Eleven trades were made ranging from $2.3875 to $2.40.

Nonfat dry milk unchanged at $1.0550.