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CME milk futures & cash dairy mostly down Thursday

Milk futures were down in the near term and cash dairy prices were mostly lower Thursday on the Chicago Mercantile Exchange.

December Class III milk was down $0.01 at $20.38.  January was down $0.39 at $19.23.  February was down $0.33 at $19.18.  March was down $0.27 at $19.46.  April through October contracts ranged from twenty-four cents lower in April to nine cents higher in August.

Dry whey was down $0.0050 at $0.4375.  One sale was recorded at that price.

Cheese blocks were down $0.0375 at $2.07.  One sale was recorded at $2.06.

Cheese barrels were up $0.03 at $1.95.  Three sales were recorded from $1.9450 to $1.95.

Butter was down $0.2025 at $2.6850.  Eight sales were recorded from $2.6850 to $2.87.

Nonfat dry milk was down $0.0025 at $1.38.   No sales were recorded.

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