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CME milk futures, cash dairy lower except cheese blocks Monday

Milk futures were lower and the cash dairy markets were lower except for cheese blocks Monday on the Chicago Mercantile Exchange.   

November Class III milk was down $0.16 at $17.17.  December was down $0.16 at $17.11.  January was down $0.18 at $17.20.  February was down $0.01 at $17.71.  March through September contracts ranged from unchanged in April to eight cents lower in March.   

Dry whey was down $0.0025 at $0.3850.  Six sales were recorded, ranging from $0.3825 to $0.3850. 

Forty-pound cheese blocks were up $0.0350 at $1.70.  Two sales were recorded at that price. 

Cheese barrels were down $0.06 at $1.58.  Eleven sales were recorded, ranging from $1.58 and $1.63. 

Butter was down $0.0975 at $3.01.  Four sales were recorded, ranging from $3.03 to $3.0325. 

Nonfat dry milk was down $0.01 at $1.1750.  Two sales were recorded at $1.1750 and $1.1850. 

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