On the Chicago Mercantile Exchange milk futures dropped Thursday as the selloff in most ag commodities continues, cash markets were mixed. June Class III milk down 13 cents at $17.21. July down three cents at $16.57. August down 19 cents at $16.60. September 32 cents lower at $17.28. October through December contracts 14 to 22 cents lower.
On the spot market dry whey down $0.0175 at $0.5775. Blocks unchanged at $1.49. Barrels up $0.01 at $1.50. Butter down $0.0125 at $1.7175. Nonfat dry milk unchanged at $1.2575. Two trades were made at that price.
