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Milk Futures Higher, Cash Dairy MIxed

Milk futures on the Chicago Mercantile Exchange closed higher Thursday while cash trade was mixed.

February Class III milk down a penny at $14.00.  March up 12 cents at $14.72.  April up 17 cents at $14.67.  May up 16 cents at $14.99.  June through October contracts were two to 12 cents higher.

Dry whey down $0.0075 at $0.3525.  Six trades were made ranging from $0.3525 to $0.36.

Blocks unchanged at $1.5950. 

Barrels down $0.0125 at $1.4050. 

Butter down $0.0075 at $2.25.  Seven trades were made ranging from $2.2425 to $2.25.  

Nonfat dry milk up $0.01 at $0.9975.  Three trades were made at $0.9950 to $0.9975.