Market News

CME milk, cash dairy lower Thursday

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

November Class III milk was up $0.05 at $17.15.  December was down $0.34 at $17.11.  January was down $0.25 at $17.24.  February was down $0.31 at $17.62.  March through October contracts ranged from eight cents higher in May to nineteen cents lower in March.   

Dry whey was down $0.0050 at $0.41. No sales were recorded. 

Forty-pound cheese blocks were down $0.02 at $1.60.  No sales were recorded. 

Cheese barrels were down $0.01 at $1.67.  One sale was recorded at $1.6825. 

Butter was down $0.0925 at $2.5975 .  Two sales were recorded at that price. 

Nonfat dry milk was unchanged at $1.20.  No sales were recorded.