Milk futures on the Chicago Mercantile Exchange continued lower Thursday as a bearish milk production report weighs on the market, barrels the only cash market to see a positive break for the day.

August Class III milk down 24 cents at $19.60.  September 49 cents lower at $15.04.  October 29 cents lower at $16.35.  November down 19 cents at $16.67.  December through February contracts 14 to 22 cents lower.

Dry whey down $0.0025 at $0.3375.  Three sales were made at $0.3375 and $0.34. 

Blocks down $0.05 at $1.66.  One trade was made at that price.

…