Market News

Milk futures and cash dairy lower Thursday

January Class III milk futures on the Chicago Mercantile Exchange down 40 cents at $16.59.  February also down 40 at $16.83.  March 38 lower at $17.37.  April through June contracts 13 to 20 cents lower.

Dry whey down $0.0075 at $0.3950 

Blocks down $0.01 at $1.6250

Barrels down $0.02 at $1.59

Butter unchanged at $2.67

Nonfat dry milk down $0.0075 at $1.1725

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