Milk futures on the Chicago Mercantile Exchange continued lower Thursday while cash trade was mixed but active.
February Class III milk down three cents at $13.98. March down 22 cents at $14.56. April down 25 cents at $14.46. May down 23 cents at $14.82. June through October contracts five to 13 cents lower.
Dry whey up $0.01 at $0.34. One trade was made at that price.
Blocks down $0.0125 at $1.58. One trade was made at $1.5925.
Barrels unchanged at $1.4350. Eight trades were made ranging from $1.4325 to $1.4350.
Butter up $0.0125 at $2.25. Ten trades were made ranging from $2.2350 to $2.25.
Nonfat dry milk down $0.0075 at $0.9850. Twenty-three trades were made at $0.9675 to $0.9825.
--Brownfield AgNews