CME milk futures down, cash dairy mostly lower Thursday
Milk futures continued to fall and cash dairy prices were all steady to lower on the Chicago Mercantile Exchange Thursday.
August Class III milk was down $0.21 at $19.94. September closed down $0.42 at $19.48. October closed down $0.33 at $20.06. November was down $0.23 to $20.42. December through July contracts ranged from unchanged in April, May, June, and July to thirty-two cents lower in February.
Dry whey was unchanged at $0.42. No sales were recorded.
Cheese blocks were down $0.0850 closing at $1.7650. No sales were recorded.
Cheese Barrels were down $0.0425 at $1.7475. Five sales were recorded from $1.7475 to $1.76.
Butter went down $0.01 closing at $3.05. Four sales were made from $3.04 to $3.0725.
Nonfat dry milk was down $0.02 at $1.5775. One sale was recorded at that price.