Market News

Milk futures, cash dairy mostly lower

Milk futures on the Chicago Mercantile Exchange slid again Thursday promoted by continually declining cash trade.

July Class III milk up 12 cents at $24.54.  August down 36 cents at $20.20.  September 58 cents lower at $18.76.  October four cents lower at $17.82.  November through January contracts three cents lower to six cents higher.

Dry whey down $0.0025 at $0.34. 

Blocks down $0.0250 at $2.2950.  Four sales were made at $2.28 and $2.2850.

Barrels down $0.08 at $2.36.  Four trades were made at $2.3575 and $2.36.

Butter up $0.0525 at $1.6075.  Three trades were made at $1.6050 and $1.6075.

Nonfat dry milk down $0.0025 at $0.99.  One sale was made at $0.9950.