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Milk futures mostly lower in Chicago Thursday

At the Chicago Mercantile Exchange  Class III milk futures closed mostly lower Thursday following lower global price reports. March milk closed unchanged at $14.23. April down $0.07 at $14.27. May closed down $0.06 at $14.27. June milk was down $0.07 at $14.66. The rest of the 2018 milk futures closed three to five cents lower.

Grade AA Butter was up $0.03 at $2.2150. Twenty loads sold ranging from $2.19 to $2.2150.  Barrels were down $0.0350 at $1.44. Ten loads were sold ranging from $1.44 to $1.47. 40 # blocks were unchanged at $1.53. Nonfat dry milk was down $0.0075 at $0.69. Three loads were sold at $0.69. Dry whey was down $0.0050 at $0.2850 cents. One load was sold at that price.

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