At the Chicago Mercantile Exchange, Class III milk futures closed mixed Thursday supported slightly by strong international markets and export demand. The USDA reports bi-weekly whole and skim milk powder, cheddar cheese and butter prices are improving in both Western Europe and Oceania regions. May milk closed down a nickel at $15.19. June milk was a penny higher at $15.76. July milk down $0.03 at $16.42. August closed down a penny at $16.79. September through next April contracts closed four cents lower to unchanged.
Grade AA Butter closed up $0.0175 at $2.4025. Eight loads sold ranging from $2.3850 to $2.4025. Blocks were down $0.0050 at $1.6210. Barrels were unchanged at $1.55. Seven trades were made ranging from $1.5475 to $1.55. Nonfat dry milk closed up $0.0025 at $0.8425. Five trades were made ranging from $0.8375 to $0.8450. Dry whey was a penny higher at $0.37.
