Market News

CME milk futures lower, cash dairy mixed Thursday

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

March Class III milk was down $0.04 at $17.71.  April was down $0.14 at $17.45.  May was down $0.10 at $17.80.  June was down $0.13 at $18.32.  July through January contracts ranged from unchanged in October to ten cents lower in August.

Dry whey was down $0.0125 at $0.4350.  One sale was recorded at that price.

Cheese blocks were up $0.01 at $1.91.  Four sales were recorded from $1.89 to $1.91

Cheese barrels were down $0.0225 at $1.53.  Three sales were recorded from $1.5250 to $1.53.

Butter was down $0.0350 at $2.3450.  Two sales were recorded at $2.3450 and $2.35.

Nonfat dry milk was down $0.0025 at $1.18.  Three sales were recorded from $1.1750 to $1.18.