Market News

Milk futures mostly higher

In Class III trade at the Chicago Mercantile Exchange, milk futures were mixed, with nearby contracts higher ahead of the holiday weekend. April was up $.09 at $13.86, May was $.08 higher at $13.78, June was up $.09 at $13.78, and July was $.01 higher at $13.95.

In the spot market, cash cheese was unchanged. Barrels held at $1.45. Blocks were steady at $1.49. The last bid unfilled was on one load at that price.

Butter was up $.0025 at $1.9225. The last bid unfilled was on one load at that price. The last offer uncovered was for two loads at $1.955.

Nonfat dry milk was down $.0075 at $.725. There were two loads sold at that price and two loads sold at $.7275. The last bid unfilled was on three loads at $.72. The last offer uncovered was for three loads at $.73.