Market News

Milk futures and cash dairy mostly lower

Class III milk futures at the Chicago Mercantile Exchange closed mostly lower Thursday on technical selling.

January milk was up $0.03 closing at $13.92.  February was $0.10 lower at $13.32.  March closed $0.10 lower to $13.43.  April milk was lower $0.05 at $13.68. The rest of the 2018 milk futures were mixed from six cents a hundredweight lower to a three cents higher.

Grade AA Butter was $0.0025 higher at $2.1225. Three loads were sold ranging from $2.1175 to $2.1250

Barrels were down $0.04 at $1.32. Thirteen loads were sold ranging from $1.32 to $1.33.

40 # blocks were $0.02 lower at $1.4750. Three loads were sold ranging from $1.4750 to $1.4875

Nonfat dry milk remained unchanged at $0.7175. One load was sold.