Milk futures and cash dairy markets were lower Friday on the Chicago Mercantile Exchange.
September Class III milk was down $0.10 at $18.48. October was down $0.20 at $19.01. November was down $0.11 at $18.87. December was down $0.10 at $18.63. January through July contracts ranged from unchanged between March and August to nine cents lower in January.
Dry whey was down $0.0075 at $0.3025. Two sales were recorded at $0.3025 and $0.3075.
Forty-pound cheese blocks were down $0.0375 at $1.9250. Three sales were recorded, ranging from $1.9250 to $1.9275.
Cheese barrels were down $0.04 at $1.8275. Two sales were recorded at $1.83 and $1.85.
Butter was down $0.05 at $2.68. Eight sales were recorded, ranging from $2.68 to $2.6950.
Nonfat dry milk was unchanged at $1.10. No sales were recorded Friday.