On the Chicago Mercantile Exchange Milk futures closed lower Thursday backing away from gains made earlier in the week. Class III Markets fell on Thursday trading anywhere from 5 to 14 cents lower. April fell 6 cents to $15.91, May lost 14 cents to $15.78 and June fell 13 cents to $15.83. 2020 Class III milk also saw losses in months January through April trading 1 to 3 cents lower. Class IV markets fell 2 to 5 cents in the front months with most contracts unchanged.
Dry whey up $0.0025 at $0.3550. Five trades were made ranging from $.03525 to $0.3550. Blocks down $0.01 at $1.6450. One trade was made at that price. Barrels unchanged at $1.5950. Three trades were made ranging from $1.5950 to $1.5975. Butter remained unchanged at $2.2575. Nonfat dry milk remained unchanged at $0.9875.