Milk futures on the Chicago Mercantile Exchange continued to slide Thursday as block cheese continues its descent and traders correct overbought positions.

June Class III milk nine cents lower at
$20.92.  July down 62 cents at $20.94. 
August down 57 cents at $18.98.  September
40 cents lower at $17.56.  October
through December contracts seven to 16 cents lower.

Dry whey up $0.01 at $0.3125.   Eight
trades were made ranging from $0.3025 to $0.3125.

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