Milk futures on the Chicago Mercantile Exchange turned higher following the release of USDA’s prospective plantings and stocks reports.
April Class III milk up 43 cents at $17.60. May up 67 cents at $18.23. June up 61 cents at $18.44. July 25 cents higher at $18.42. August through October contracts 11 to 27 cents higher.
Dry whey up $0.03 at $0.66. Three sales were made ranging from $0.6350 to $0.65.
Blocks down $0.01 at $1.7375. Two trades were made at $1.72 and $1.73.