Milk futures on the Chicago Mercantile Exchange traded mixed Thursday with little to no direction from the cash market. May Class III milk up a penny at $16.28. June down a penny at $16.23. July two cents higher at $16.43. August up four cents at $16.78. September through January contracts unchanged to six cents higher. Dry whey unchanged at $0.34. Five trades were made ranging from $0.3375 to $0.34. Blocks unchanged at $1.6575. Barrels unchanged at $1.6125. Butter up $0.0125 at $2.3850. Nonfat dry milk unchanged at $1.05. European milk production during March was up more than one percent with the UK and Ireland seeing the largest increases.
Continue reading Milk futures, cash dairy flat at Brownfield Ag News.
