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Milk Futures Mostly Higher, Cash Dairy Mixed

Milk futures on the Chicago Mercantile Exchange started the week mostly higher while cash markets remain quiet.

May Class III milk down a penny at $16.29.  June up six cents at $16.51.  July four cents higher at $16.76.  August up two cents at $17.10.  September through January contracts three to five cents higher.

Dry whey up $0.01 at $0.35.  Two trades were made at$0.34 and $0.35.

Blocks unchanged at $1.6725. 

Barrels unchanged at $1.6250.  Three trades were made ranging from $1.6250 to $1.6275. 

Butter unchanged at $2.34.  One trade was made at that price.

Nonfat dry milk down $0.0025 at $1.0450.  Seven trades were made ranging from $1.0425 to $1.05.

--Brownfield AgNews