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Milk markets on the Rise in Chicago Thursday

On the Chicago Mercantile Exchange, milk futures and cash dairy prices were higher on Thursday.

March Class III milk was $0.08 higher at $17.76. April was $0.24 higher at $17.75. May was $0.24 higher at $17.99. June was $0.17 higher at $18.40. Contracts from July to January ranged from one cent lower in January to seventeen cents higher in July.

The price of dry whey remained unchanged at $0.44. There were no sales recorded.

Cheese blocks increased $0.0275 to $1.8250. There were no sales recorded.

Cheese barrels increased $0.0375 to $1.7350. Eleven sales from $1.6950 to $1.7350 were recorded.

Butter was trading at $2.3325, up $0.0025. There were no sales recorded.

Nonfat dry milk was $0.01 higher at $1.1750. There were four sales ranging from $1.1750 to $1.18.

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