CME milk futures, cash dairy lower Friday

CME milk futures, cash dairy lower Friday

Milk futures and the cash dairy markets continued to fall Friday on the Chicago Mercantile Exchange. 

March Class III milk was down $0.19 at $16.77.  April was down $0.39 at $16.78.  May was down $0.33 at $17.22.  June was down $0.15 at $17.75.  

July through January contracts ranged from unchanged in January to twelve cents lower in July.  Friday’s Class III trade volume was 1,847 contracts. 

Dry whey was down $0.0025 at $0.4250.  No sales were recorded.