CME milk futures, cash dairy steady to lower Thursday – Voice Of Muscatine


CME milk futures, cash dairy steady to lower Thursday

Milk futures and the cash dairy markets were steady to lower again Thursday on the Chicago Mercantile Exchange. 

April Class III milk was down $0.43 at $15.74.  May was down $0.23 at $16.25.  June was down $0.30 at $16.99.  July was down $0.27 at $17.77.  

August through February contracts ranged from unchanged in January and February to twenty-seven cents lower in September.  Thursday’s Class III trade volume was higher with 2,232 contracts. 

Dry whey was unchanged at $0.4050.  No sales were recorded. 

Forty-pound cheese blocks were down $0.0525 at $1.3975. 

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