On the Chicago Mercantile Exchange milk futures continued higher Thursday while cash trade was mostly stagnant. Class III was quiet nearby. April fell a penny to $17.63, and May was unchanged at $19.22/cwt, but June gained 11 cents to $19.75, and July – December were 5-13 cents higher. Averaging at $19.31/cwt. Class IV milk was relatively unchanged. April held at $15.52, May fell 3 to $16.21, and June fell 4 to $17.02.
The CME sport trade was similarly quiet. Dry whey unchanged at $0.6750. One sale was made at that price. Blocks unchanged at $1.8025. Barrels up $0.0025 at $1.8150. One sale was made at $1.81. Butter unchanged at $1.8050. Nonfat dry milk up $0.01 at $1.32. Three trades were made from $1.31 to $1.32.
