On the Chicago Mercantile Exchange milk futures and cash dairy markets were down again Thursday, January 21st. January Class III milk was down $.03 at $16.15. February was down $.67 closing at $16.46. March was down $.45 at $17.33. April was down $.19 at $17.41. May through December contracts ranged from five cents lower to five cents higher.
On the spot markets dry whey was up $.0050 at $.54. One sale was made at that price. Blocks were down $.0775 closing at $1.6525. One sale was made at that price. Barrels went down $.0500 to $1.39. Eighteen sales were made ranging from $1.38 to $1.39. Butter closed down $.0525 at $1.4025. Three trades were made from $1.4025 to $1.46. Nonfat dry milk was down $.0175 at $1.1825. Six sales were recorded from $1.18 to $1.1825.
