Market News

Milk futures, cash dairy higher

Milk futures on the Chicago Mercantile Exchange started the week with a strong push to the higher side Monday, supported by increased cash markets.

December Class III milk up four cents at $15.39.  January 43 cents higher at $16.15.  February up 41 cents at $16.83.  March 33 cents higher at $17.03.  April through June contracts 23 to 30 cent higher.

Dry whey unchanged at $0.4625. 

Blocks up $0.01 at $1.5950. 

Barrels up $0.0050 at $1.4050. 

Butter up $0.0450 at $1.5250.  Twelve trades were made ranging from $1.52 to $1.5325. 

Nonfat dry milk unchanged at $1.15.