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Milk Futures Rebound in Chicago Thursday

On the Chicago Mercantile Exchange April Class III milk futures closed 34 cents higher at $16.01.  May up 14 at $15.20.  June, July, and August contracts all 16 cents higher.

Dry whey up $0.01 at $0.33.  Blocks down $0.01 at $1.8625. Barrels down $0.0450 at $1.3875.  Butter up $0.03 at $1.70. Nonfat dry milk down $0.0025 at $0.9625.  17 trades were made, ranging from $0.9525 to $0.9650.

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