Milk futures on the Chicago Mercantile Exchange took back midweek gains Thursday as the cash market continues to slide.
November Class III milk down three cents at $23.12. December 42 cents lower at $15.59. January down 40 cents at $16.31. February 14 cents lower at $16.50. March through May contracts one to 14 cents lower.
Dry whey unchanged at $0.42.
Blocks down $0.0450 at $1.5975. One trade was made at that price.
Barrels unchanged at $1.40. One trade was made at that price.
Butter down $0.0050 at $1.37. Two trades were made at $1.37 and $1.38.
Nonfat dry milk down $0.0075 at $1.08
--Brownfield AgNews