On the Chicago Mercantile Exchange, January Class III milk futures were priced at $19.99, down one penny from the previous settlement. The price dropped to $19.72 on February 17. March finished at $19.84, down 14 points. Contracts for April through June ranged from a loss of 12 cents to no change.
The price of dry whey remained the same at $0.45.
Blocks were $0.02 down, trading at $2.08.
Barrels up $0.05 at $1.9475. There were a total of five trades conducted, with prices ranging from $1.9475 to $1.95.
The price of butter has remained unchanged at $2.90.
The price of nonfat dry milk remained the same at $1.36.
