CME milk futures, cash dairy lower except cheese & butter Thursday
Milk futures were down except for February and cash dairy prices were mixed Thursday on the Chicago Mercantile Exchange.
July Class III milk was down $0.04 at $13.97. August was down $0.09 at $14.37. September was down $0.19 at $15.61. October was down $0.16 at $16.60. November through June contracts ranged from five cents lower in November to two cents higher in February.
Dry whey was down $0.01 at $0.23. Nine sales were recorded from $0.23 to $0.2375.
Cheese blocks were up $0.01 at $1.3625. Five sales were recorded from $1.36 to $1.3650.
Cheese barrels were up $0.0150 at $1.3425. Thirty-five sales were recorded from $1.34 to $1.3625.
Butter was up $0.0125 at $2.4775. Three sales were recorded from $2.4775 to $2.4825. Nonfat dry milk was down $0.0025 at $1.1075. One sale was recorded at that price.