Market News

CME milk futures up, cash dairy mixed Monday

Milk futures on the Chicago Mercantile Exchange were mostly higher Monday while cash markets were mixed.

November Class III milk was up $.26 at $23.46.  December was $.36 higher at $19.06.  January up $.54 at $17.79.  February was up $.44 at $16.99.  March through October contracts zero to twenty cents higher.

Dry whey was unchanged at $0.4225. No sales were recorded.

Blocks went down $.0500 settling at $2.3025.  Two sales were made at $2.3025 and $2.3425

Barrels fell $.1075 to $2.21. Nine sales were made at that price.

Butter closed up $0.0325 at $1.4625.  Three trades were made ranging from $1.46 to $1.4655. 

Nonfat dry milk up $0.0175 at $1.0975.  Eighteen trades were made ranging from $1.09 to $1.0975.  Four sales were made ranging from $1.0625 to $1.0675.