CME milk futures lower, cash dairy mixed Thursday

2 years ago 97

Milk futures were lower and the cash dairy markets were mixed in light trading volume Thursday on the Chicago Mercantile Exchange.� January Class III milk was down $0.29 at $15.40.� February was�down�$0.20 at $15.69.� March was�down�$0.12 at $16.35.� April...

CME milk futures lower, cash dairy mixed Thursday

Milk futures were lower and the cash dairy markets were mixed in light trading volume Thursday on the Chicago Mercantile Exchange.�

January Class III milk was down $0.29 at $15.40.� February was�down�$0.20 at $15.69.� March was�down�$0.12 at $16.35.� April was�down�$0.09 at $17.16.� May through November contracts ranged from seven cents lower in May to five cents higher in June.�

Dry whey was unchanged at $0.3850.� No sales were recorded.�

Forty-pound cheese blocks were up $0.0150 at $1.43.� Six sales were recorded, ranging from $1.4150to $1.4325.�

Cheese barrels were down $0.04 at $1.43.� Fourteen sales were recorded, ranging from $1.43 to $1.45.�

Butter was up $0.0375 at $2.66.� Two sales were recorded at $2.65 and $2.66.�

Nonfat dry milk was unchanged at $1.1650.� No sales were recorded.�

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