Milk futures over $17 again, cash dairy mixed

Milk futures over $17 again, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange ended the week higher with traders optimistic Mexico could lift tariffs. May Class III milk up two cents at $16.30.  June up 22 cents at $16.45.  July 29 cents higher at $16.72.  August up 30 cents at $17.08.  September through January contracts 12 to 31 cents higher. Dry whey unchanged at $0.34.  Blocks up $0.0150 at $1.6725.  Twelve trades were made ranging from $1.6675 to $1.6725.  Barrels up $0.0125 at $1.6250.  Fifteen trades were made ranging from $1.5125 to $1.63.  Butter down $0.0450 at $2.34.  Eight trades were made ranging from $2.34 to $2.37.  Nonfat dry milk down $0.0025 at $1.0475.

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