Milk futures lower, cash dairy mixed Thursday

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Milk futures lower, cash dairy mixed Thursday

May Class III milk futures on the Chicago Mercantile Exchange down 27 cents to $11.37.  June 19 lower at $12.44.  July through September down four to 19 cents.

Dry whey down $0.0025 at $0.3925.  Two trades made, ranging $0.3925 to $0.3950.

Blocks up $0.0175 at $1.2075.  Two trades made at $1.19 and $1.21.

Barrels up $0.03 at $1.19.  Four trades were made, with a range of $1.17 to $1.19.

Butter up $0.0175 at $1.1975.  Seven trades made, ranging from $1.1850 to $1.20.

Nonfat dry milk down $0.0050 at $0.80.

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