Milk futures on the Chicago Mercantile Exchange continued their rally and closed mostly higher Thursday while cash trade was mixed.
July Class III milk futures up 11 cents at $17.42. August up two cents at $17.67. September up three cents at $17.92. October three cents higher at $17.90. November through February contracts two cents lower to nine cents higher.
Dry whey up $0.01 at $0.3350. Two trades were made at $0.3275 and $0.3350.
Blocks up $0.0050 at $1.78.
Barrels up $0.0150 at $1.7050. Two trades were made at $1.70 and $1.7050.
Butter down $0.0050 at $2.41. Eighteen trades were made ranging from $2.4050 to $2.4225.
Nonfat dry milk unchanged at $1.0275.
--Brownfield AgNews