Market News
Milk futures, cash dairy plummet Friday
April Class III milk futures on the Chicago Mercantile Exchange down 38 cents at $15.32. May 69 lower at $13.87. June through August contracts 58 to 73 cents lower Friday.
Dry whey steady at $0.33.
Blocks down $0.15 at $1.59.
Barrels down $0.0625 at $1.34. Five trades were made, ranging from $1.34 to $1.3550.
Butter down $0.1025 at $1.4875.
Nonfat dry milk down $0.0450 at $0.92. Three trades made, with a range of $0.92 to $0.9225.
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