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Milk Futures Lose Gains From Earlier in Week Thursday in Chicago


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.


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