Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mixed as near-term futures decline and later month contracts move higher.

October Class III milk unchanged at $22.11. November down nine cents at $21.85. December 11 cents lower at $21.23. January down two cents at $20.78. February through April contracts five to 26 cents higher.

Dry whey unchanged at $0.4225. One trade was made at that price.

Blocks down $0.0075 at $2.0225.

Barrels down $0.0250 at $2.2550.

Butter down $0.05 at $3.2175. One trade was made at that price.

Nonfat dry milk unchanged at $1.54. One trade was made at that price.