Market News

Milk futures near $18, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed the week in mixed trade, approaching the $18 level, while cash trade was limited.

July Class III milk futures down a penny at $17.41.  August down three cents at $17.66.  September up seven cents at $17.99.  October nine cents higher at $17.99.  November through February contracts four to eight cents higher.

Dry whey up $0.0050 at $0.34. 

Blocks unchanged at $1.78.

Barrels unchanged at $1.7050.  Eleven trades were made ranging from $1.7050 to $1.7075. 

Butter down $0.0125 at $2.3975.  Fourteen trades were made ranging from $2.3975 to $2.41.

Nonfat dry milk down $0.01 at $1.0175.  One trade was made at $1.01.