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Milk futures drop in Chicago Wednesday

Thursday, April 9th, 2020

On the Chicago Mercantile Exchange May Class III milk futures limit down 75 cents at $11.83. June 54 lower at $13.26. July through September three to 42 cents lower.

Dry whey up $0.01 at $0.34. Blocks unchanged at $1.1275. Barrels down $0.0350 at $1.0650. Five trades were made, ranging from $1.0650 to $1.1125. Butter up $0.0350 at $1.30. Three trades made at $1.30. Nonfat dry milk up $0.0050 at $0.9050. Three trades were made, with a range of $0.9025 to $0.9050.

(T2, D1)