Milk futures on the Chicago Mercantile Exchange closed lower Friday following USDA’s supply and demand report which was bearish for grains.
September Class III milk down four cents at $16.69. October down 21 cents at $17.34. November 20 cents lower at $17.30. December down four cents at $17.57. January through March contracts 16 cents lower to three cents higher.
Dry whey up $0.0025 at $0.53. One sale was made at that price.
