Market News

Milk futures lower, cash dairy mostly steady Thursday

June Class III milk futures on the Chicago Mercantile Exchange down 32 cents to $13.30.  July 31 lower at $14.41.  August through October contracts 35 to 42 lower.

Dry whey unchanged at $0.40.

Blocks steady at $1.3050.

Barrels up $0.0125 at $1.2525.  Nineteen trades made, with a range of $1.2450 to $1.28.

Butter unchanged at $1.28.

Nonfat dry milk steady at $0.8225.