Market News

CME milk futures & most cash dairy higher Monday

Milk futures and most cash dairy prices were higher to start the week on the Chicago Mercantile Exchange Monday.

August Class III milk was up $0.01 at $20.16.  September closed up $0.55 at $20.35.  October was up $0.43 at $20.79.  November was up $0.41 to $21.28.  December through July contracts ranged from twelve cents higher in April to fifty-one cents higher in January. 

Dry whey remains unchanged since Thursday at $0.4450.  No sales were recorded.

Cheese blocks were up $0.0450 at $1.89.  Three sales were recorded from $1.8625 to $1.89.

Cheese Barrels were up $0.06 at $1.9475.  Five sales were recorded from $1.9125 to $1.9475.

Butter went up $0.05 closing at $2.9850.  Three sales were recorded from $2.98 to $2.9850.

Nonfat dry milk was unchanged at $1.5175. One sale was recorded at that price.