Milk futures, cash dairy trade higher

Milk futures, cash dairy trade higher

Milk futures on the Chicago Mercantile Exchange end the week with strong gains supported by strong cheese markets and positive reaction to a bullish milk production report.

November Class III milk six cents higher at $17.97. December $1.09 higher at $17.48. January up 98 cents at $18.98. February 63 cents higher at $19.10. March through May a penny 23 to 38 cents higher.

Dry whey unchanged at $0.70.

Blocks up $0.1275 at $1.8575.