On the Chicago Mercantile Exchange, milk futures continued higher Thursday following the supply and demand report while cash was mixed. December Class III milk up 27 cents at $15.79. January 21 cents higher at $16.31. February up 35 cents at $1726. March 18 cents higher at $17.29. April through June contracts 17 to 23 cents higher.
On the spot market, Dry whey up $0.0050 at $0.47. One sale was made at that price. Blocks down $0.0025 at $1.6425. Thirteen trades were made ranging from $1.64 to $1.6525. Barrels up $0.0050 at $1.4250. Six trades were made ranging from $1.4250 to $1.4375. Butter unchanged at $1.5150. Nonfat dry milk down $0.01 at $1.1275. Seven trades were made ranging from $1.12 to $1.1325.
(T1, D1)
