CME milk and cash dairy down Thursday

Milk futures were down and cash dairy prices were mostly lower on the Chicago Mercantile Exchange Thursday.

June Class III milk was down $0.02 at $24.29.  July closed down $0.09 at $23.46.  August closed down $0.07 at $24.05.  September was down $0.06 at $24.05.  October through May contracts ranged from eighteen cents lower in December to two cents higher next April.

Dry whey was down $0.0275 at $0.47.  Six sales were recorded from $0.47 to $0.4975.

…