CME milk futures, cash dairy mixed Thursday

CME milk futures, cash dairy mixed Thursday

Milk futures and the cash dairy markets were mixed Thursday on the Chicago Mercantile Exchange. 

February Class III milk was up $0.02 at $16.18.  March was down $0.22 at $16.80.  April was down $0.17 at $17.13.  May was down $0.16 at $17.50.  

June through December contracts ranged from seven cents lower in June to thirteen cents higher in October, with every month after June seeing a price increase.  Thursday’s Class III trade volume was just over twenty-three hundred contracts. 

Dry whey was up $0.01 at $0.53. 

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