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CME milk and cash dairy down Thursday

Milk futures were down and cash dairy prices were mostly lower on the Chicago Mercantile Exchange Thursday.

June Class III milk was down $0.02 at $24.29.  July closed down $0.09 at $23.46.  August closed down $0.07 at $24.05.  September was down $0.06 at $24.05.  October through May contracts ranged from eighteen cents lower in December to two cents higher next April.

Dry whey was down $0.0275 at $0.47.  Six sales were recorded from $0.47 to $0.4975.

Cheese Blocks were unchanged for the third day at $2.10. No sales were made.

Cheese Barrels were also unchanged for the third day at $2.17.  No sales were made.

Butter was down $0.01 to $2.95.50.  Six trades were recorded from $2.92 to $2.9550.

Nonfat dry milk was down $0.0150 at $1.7950. Three sales were recorded from $1.7925 to $1.80.

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