Milk futures on the Chicago Mercantile Exchange dropped Thursday following the bearish monthly supply and demand report and limited cash trade.
August Class III milk down two cents at $16.12. September down 32 cents at $16.92. October 24 cents lower at $17.26. November down 21 cents at $17.77. December through February contracts three to 11 cents lower.
Dry whey unchanged at $0.52. One sale was made at that price.
Blocks unchanged at $1.78.