Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mixed Wednesday with markets trading in a narrow range, cash markets also saw limited activity.

July Class III milk 23 cents higher at $23.67.  August up three cents at $21.53.  September six cents lower at $19.07.  October four cents lower at $17.93.  November through January contracts three to 11 cents lower.

Dry whey unchanged at $0.2875. 

Blocks up $0.0275 at $2.7375.  Five trades were made at $2.7350 and $2.7375. 

Barrels up $0.03 at $2.40. 

Butter down $0.05 at $1.6875.  Three trades were made ranging from $1.6875 to $1.71.

Nonfat dry milk unchanged at $1.0325.