Milk futures were lower in the near term, and cash dairy prices were lower except for milk powder Thursday on the Chicago Mercantile Exchange.

June Class III milk was down $0.26 at $16.11.  July was down $0.18 at $16.64.  August was down $0.15 at $17.48.  September was down $0.04 at $18.44.  October through April contracts ranged from five cents lower in November to seven cents higher in February and March.

Dry whey was down $0.0025 at $0.2750.  There were fifteen sales recorded from $0.2725 to $0.28.

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