CME milk futures & cash dairy prices closed lower Thursday

CME milk futures & cash dairy prices closed lower Thursday

Milk futures and cash dairy prices were lower except for butter Thursday on the Chicago Mercantile Exchange.

May Class III milk was down $0.06 at $16.46.  June was down $0.28 at $16.91.  July was down $0.24 at $17.63.  August was down $0.13 at $18.41.  September through April contracts ranged from unchanged in April to seven cents lower in October.

Dry whey was down $0.0025 at $0.30.  Two sales were recorded at $0.30 and $0.3025.

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