Market News

CME milk futures, cash dairy mixed Monday

Milk futures and cash dairy prices were mixed Monday on the Chicago Mercantile Exchange.

March Class III milk was up $0.14 at $17.86.  April was up $0.06 at $17.66.  May was down $0.08 at $18.07.  June was up $0.04 at $18.68.  July through January contracts ranged from $0.03 lower in July to four cents higher in August.

Dry whey was unchanged at $0.4650.  No sales were recorded.

Cheese blocks were up $0.03 at $1.91.  Two sales were recorded at $1.8725 and $1.90.

Cheese barrels were up $0.05 at $1.59.  No sales were recorded.

Butter was up $0.02 at $2.45.  One sale was recorded at that price.

Nonfat dry milk was down $0.0150 at $1.20.  One sale was recorded at that price.