Class III markets ranged from 5 cents lower to 6 cents higher.
Class III milk was flat in nearby months but continued a steady climb for late 2019.
The USDA released its monthly cold storage report for May on Friday.
The milk market on Thursday had futures contracts higher across the board in Class III up double digits in certain months.
A strong day of trading in the CME spot product trade maintains the gains made to Class III milk.
his is the third straight session of lower trade.
Class III milk had a hard time maintaining gains during Monday’s trade.
Greater concern is developing over feed supply for the upcoming year.
Cheddar led the charge in Thursdays CME spot product trade.
Milk prices came into Wednesday’s session ready to extend its recent run higher. The block and butter markets had other ideas.