Milk futures near $18, cash dairy mixed

Milk futures near $18, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed the week in mixed trade, approaching the $18 level, while cash trade was limited.

July Class III milk futures down a

penny at $17.41.  August down three cents at $17.66.  September up seven cents at $17.99.  October nine cents higher at $17.99.  November through February contracts four to

eight cents higher.

Dry whey up $0.0050 at $0.34. 

Blocks unchanged at $1.78.

Barrels unchanged at $1.7050.  Eleven trades were made ranging from $1.7050

to $1.7075. 

Butter down $0.0125 at $2.3975.  Fourteen trades were made ranging from $2.3975

to $2.41.

Continue reading Milk futures near $18, cash dairy mixed at Brownfield Ag News.