Market News
CME milk and cash dairy down Thursday
Milk futures were down and cash dairy prices were mostly lower on the Chicago Mercantile Exchange Thursday.
June Class III milk was down $0.02 at $24.29. July closed down $0.09 at $23.46. August closed down $0.07 at $24.05. September was down $0.06 at $24.05. October through May contracts ranged from eighteen cents lower in December to two cents higher next April.
Dry whey was down $0.0275 at $0.47. Six sales were recorded from $0.47 to $0.4975.
Cheese Blocks were unchanged for the third day at $2.10. No sales were made.
Cheese Barrels were also unchanged for the third day at $2.17. No sales were made.
Butter was down $0.01 to $2.95.50. Six trades were recorded from $2.92 to $2.9550.
Nonfat dry milk was down $0.0150 at $1.7950. Three sales were recorded from $1.7925 to $1.80.
