On the Chicago Mercantile Exchange milk futures took back earlier week gains Thursday as block cheese and cash butter closed lower. January Class III milk down six cents at $20.32. February 43 cents lower at $22.20. March a nickel lower at $22.33. April down 11 cents at $21.87. May through July nine cents lower to a penny higher.
In spot trade dry whey up $0.0075 at $0.77. Two sales were made at $0.7650 and $0.77. Blocks down $0.0550 at $1.9975. Barrels up $0.0225 at $1.9275. One trade was made at $1.93. Butter down $0.0425 at $2.7875. Seven trades were made at $2.7875 and $2.80. Nonfat dry milk up $0.02 at $1.78. One sale was made at that price.