Market News

CME milk futures and cash dairy down Thursday

January Class III milk was down $0.06 at $19.52.  February was down $0.51 at $18.78.  March was down $0.23 at $18.40.  April was down $0.26 at $18.62.  May through December contracts ranged from fourteen cents lower in May to fourteen cents higher in November.

Dry whey was unchanged at $0.3550.  No sales were recorded but seven bids were offered.

Cheese blocks were down $0.0950 at $2.0875.  No sales were recorded.

Cheese barrels were down $0.0750 at $1.7250.  Three sales were recorded from $1.7250 to $1.7525.

Butter was unchanged at $2.43.  No sales were recorded.

Nonfat dry milk was down $0.0125 at $1.2925.  One sale was recorded at $1.2975.