On the Chicago Mercantile milk futures were mixed Thursday while cheese markets started to perk up for the week. Class III milk prices finished lower here today. April milk lost 3 cents to $15.80 per cwt. May milk fell 14 cents to $15.79 per cwt. Second half 2020 fell 8-12 cents and is now averaging $16.71 per cwt. Class IV milk prices were annihilated today. March fell 41 cents to $15.11 per cwt. April was 48 cents lower to $14.72 per cwt.
Dry whey unchanged at $0.3475. Blocks up $0.06 at $1.81. One sale was made at that price. Barrels up $0.0350 at $1.49. Six trades were made ranging from $1.4550 to $1.4875. Butter down $0.0050 at $1.8125. Two trades were made at $1.8125 and $1.8150. Nonfat dry milk down $0.0175 at $1.05. Eighteen trades were made ranging from $1.04 to $1.05.
Fats and feeders were both limit down here today. Spot corn fell 8.75 cents to $3.6575 per bushel. Spot Soybeans were amongst the hardest hit dropping 13.75 cents to $8.5950 per bushel. May soybean meal finished $1.20 higher to $302.80 per ton.
