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CME milk futures, cash dairy lower Friday

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Milk futures and the cash dairy markets continued to fall Friday on the Chicago Mercantile Exchange. 

March Class III milk was down $0.19 at $16.77.  April was down $0.39 at $16.78.  May was down $0.33 at $17.22.  June was down $0.15 at $17.75.  

July through January contracts ranged from unchanged in January to twelve cents lower in July.  Friday’s Class III trade volume was 1,847 contracts. 

Dry whey was down $0.0025 at $0.4250.  No sales were recorded.

CME milk futures, cash dairy lower Friday