Milk futures and the cash dairy markets were mostly higher on the Chicago Mercantile Exchange.
February Class III milk was up $0.20 at $16.06. March was up $0.38 at $16.53. April was up $0.29 at $16.86. May was up $0.12 at $17.25.
June through December contracts ranged from six cents higher in October to seventeen cents higher in June. Friday’s trade volume was estimated at just over twenty-three hundred contracts.
Dry whey remains unchanged at $0.4425. No sales were recorded.
Forty-pound cheese blocks were up $0.0150 at $1.5375. Eleven sales were recorded, ranging from $1.5225 to $1.5375.
Cheese barrels were up $0.03 at $1.47. Nine sales were recorded, ranging from $1.45 to $1.47.
Butter was up $0.0725 at $2.76. Two sales were recorded at $2.75 and $2.76.
Nonfat dry milk was up $0.0175 at $1.22. Six sales were recorded, ranging from $1.2050 to $1.22.
