On the Chicago Mercantile Exchange milk futures continued trading mixed in a narrow range Thursday as did cash markets. January Class III milk down nine cents at $16.22. February up a penny at $18.91. March 15 cents higher at $18.63. April up 13 cents at $18.26. May through July contracts two cents lower to eight cents higher.
On spot trade, dry whey unchanged at $0.51. Blocks down $0.01 at $1.90. Barrels down $0.0050 at $1.5750. Butter up $0.0125 at $1.30. Two trades were made at $1.2850 and $1.30. Nonfat dry milk up $0.0125 at $1.20. Fourteen sales were made ranging from $1.1850 to $1.20.
(T4, D2)
