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Milk futures down Friday, cash dairy mostly lower

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Chicago Mercantile Exchange Class III milk futures Friday were lower on end of the week profit taking and technical selling. July was down $.02 at $13.80, August was down $.25 at $15.07, September lost $.35 at $15.99, and October was $.18 lower at $17.02.

In the spot dairy market, cash cheese barrels were $.0075 lower at $1.3925 and Blocks fell $.05 to $1.48. AA butter was up $.02 at $2.55. Grade A nonfat dry milk was $.01 lower at $1.105 and extra grade dry whey was $.005 higher at $.2475.

Milk futures down Friday, cash dairy mostly lower