Milk futures lower and the cash dairy markets were steady to lower Thursday on the Chicago Mercantile Exchange.   

December Class III milk was down $0.01 at $16.20.  January was down $0.10 at $16.24.  February was down $0.17 at $16.34.  March was down $0.15 at $17.08.  April through November contracts ranged from unchanged between June and the end of 2024 to eight cents lower in April. 

Dry whey remained unchanged at $0.3950.  One sale was recorded at that price. 

Forty-pound cheese blocks were down $0.03 at $1.57.  Three sales were recorded, ranging from $1.57 to $1.60. 

Cheese barrels were down $0.0225 at $1.4950.  Four sales were recorded, ranging from $1.4950 to $1.52. 

Butter was unchanged at $2.46.  One sale was recorded at that price. 

Nonfat dry milk was down $0.0075 at $1.1650.  Three sales were recorded, ranging from $1.1650 to $1.1725. 

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