Milk futures on the Chicago Mercantile Exchange closed higher Thursday on holiday optimism and strong cheese demand.
July Class III milk 12 cents higher at
$22.97. August up 54 cents at $20.95.
September 45 cents higher at $18.81.
October 36 cents higher at $17.74.
November through January contracts 18 to 31 cents higher.
Dry whey unchanged at $0.33.
Blocks up $0.0350 at $2.6750. Six trades were made ranging from $2.66 to
$2.68.
Barrels up $0.0150 at $2.4150. Four trades were made at $2.41 and $2.4150.