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Milk Futures Higher, Cash Dairy Mixed

Milk futures on the Chicago Mercantile Exchange closed higher Friday while cash trade was relatively mixed as customers push back at the recent run-up in cheese prices.

September Class III milk up a penny at $18.26.  October up 18 cents at $18.66.  November 27 cents higher at $18.39.  December up 23 cents at $17.70.  January through April contracts five to 12 cents higher.

Dry whey unchanged at $0.3975.  Two trades were made at that price. 

Blocks up $0.0050 at $2.05.  Four trades were made at $2.02 to $2.05.

Barrels down $0.01 at $1.6550.  Eleven trades were ranging from $1.6150 to 1.6650.

Butter up $0.0125 at $2.1150. 

Nonfat dry milk up $0.0050 at $1.0825.  Five trades were made at that price.