On the Chicago Mercantile Exchange milk futures continued to see gains Thursday after another day of strong cash trade. January Class III milk up 19 cents at $16.85. February up 42 cents at $19.46. March 21 cents higher at $19.13. April up 15 cents at $18.41. May through July contracts 10 cents lower to 10 cents higher.
On spot trade dry whey up $0.0150 at $0.50. Blocks up $0.1125 at $1.8975. Barrels up $0.0125 at $1.6525. Thirteen trades were made ranging from $1.64 to $1.6550. Butter down $0.0450 at $1.39. Four sales were made ranging from $1.39 to $1.42. Nonfat dry milk up $0.0050 at $1.1950. Five sales were made ranging from $1.19 to $1.1950.
(T3, D1)
