Milk futures on the Chicago Mercantile Exchange closed lower Thursday again following the direction of the cash cheese market.
February Class III milk a penny lower at $15.62. March down 24 cents at $16.28. April down 14 cents at $16.98. May 12 cents lower at $17.35. June through August contracts a dime lower to unchanged.
Dry whey unchanged at $0.55.
Blocks down $0.02 at $1.51. One sale was made at that price.