On the Chicago Mercantile Exchange milk futures and cash dairy prices were mostly down Thursday. Class III milk futures were lower on the day. August milk slipped 50 cents to $20.19/cwt. September also fell 50 cents to $20.01/cwt. Class IV futures were mixed. August tumble 22 cents to $24.34/cwt. September increased 14 cents to $23.40/cwt.
In the spot dairy product trade, dry whey was down $0.0225 at $0.4550. Six sales were recorded between $0.4550 and $0.4775. After three days without movement, cheese blocks fell $0.0650 to $1.91. There were three sales recorded between $1.91 and $1.97. Cheese Barrels were down $0.09 at $1.96. Two sales were recorded at $1.96 and $2.0550. Butter went up $0.01 closing at $2.9250. There were four sales ranging from $2.92 to $2.9250. Nonfat dry milk was up $0.0275 at $1.6875. Seven sales were recorded from $1.6825 to $16875.
