Milk futures and cash dairy lower Thursday

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Milk futures and cash dairy lower Thursday

April Class III milk futures on the Chicago Mercantile Exchange down 24 cents at $15.70.  May off 33 at $14.56.  June through August contracts 19 to 42 cents lower.

Dry whey steady at $0.33.

Blocks down $0.05 at $1.74. 

Barrels down $0.0375 at $1.4025.  Three trades were made, ranging from $1.4025 to $1.42.

Butter $0.0675 lower at $1.59.  Two trades, with a range of $1.6025 to $1.61.

Nonfat dry milk down $0.0325 at $0.9650.  Ten trades were made, ranging from $0.9575 to $0.9650.

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