Market News
Milk futures lower, cash dairy mixed Thursday
May Class III milk futures on the Chicago Mercantile Exchange down 27 cents to $11.37. June 19 lower at $12.44. July through September down four to 19 cents.
Dry whey down $0.0025 at $0.3925. Two trades made, ranging $0.3925 to $0.3950.
Blocks up $0.0175 at $1.2075. Two trades made at $1.19 and $1.21.
Barrels up $0.03 at $1.19. Four trades were made, with a range of $1.17 to $1.19.
Butter up $0.0175 at $1.1975. Seven trades made, ranging from $1.1850 to $1.20.
Nonfat dry milk down $0.0050 at $0.80.
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