Milk futures mixed, cash dairy mostly higher

Milk futures mixed, cash dairy mostly higher

Class III milk futures at the Chicago Mercantile Exchange closed mixed Wednesday supported somewhat by a strong cash market.

September milk closed unchanged at $16.14.  October up six cents at $15.95.  November three cents lower at $16.39.  December down four cents at $16.22.  January through next August contracts closed two cents lower to four cents higher.

Barrels were up $0.0575 at $1.3975.  Five trades were made ranging from $1.3950 to $1.3975.

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