CME milk futures & cash dairy prices closed lower Thursday
Milk futures and cash dairy prices were lower except for butter Thursday on the Chicago Mercantile Exchange.
May Class III milk was down $0.06 at $16.46. June was down $0.28 at $16.91. July was down $0.24 at $17.63. August was down $0.13 at $18.41. September through April contracts ranged from unchanged in April to seven cents lower in October.
Dry whey was down $0.0025 at $0.30. Two sales were recorded at $0.30 and $0.3025.
Cheese blocks were down $0.0525 at $1.6175. Six sales were recorded from $1.61 to $1.63.
Cheese barrels were down $0.0325 at $1.5050. Five sales were recorded from $1.50 to $1.5050.
Butter was up $0.0125 at $2.4075. There were two bids, but no sales were recorded.
Nonfat dry milk was down $0.01 at $1.17. Two sales were recorded at $1.17 and $1.1750.