CME milk futures higher, cash dairy mixed to end the week

CME milk futures higher, cash dairy mixed to end the week

Milk futures were mostly higher and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange. 

January Class III milk was down $0.04 at $15.15.  February was up $0.03 at $15.90.  March was up $0.02 at $16.33.  April was up $0.03 at $17.08.  May through December contracts ranged from two cents lower in November to six cents higher in September. 

Dry whey was unchanged at $0.43.  One sale was recorded at that price. 

Forty-pound cheese blocks were up $0.0125 at $1.5625.  Five sales were recorded, ranging from $1.5625 to $1.5650. 

Cheese barrels were down $0.0050 at $1.4450.  Eleven sales were recorded, ranging from $1.4350 to $1.4450. 

Butter was up $0.0025 at $2.5675, getting back to where it closed Tuesday.  No sales were recorded. 

Nonfat dry milk was down $0.0075 at $1.1850.  Two sales were recorded at that price.