Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange and cash trade started the week with mixed activity.

September Class III milk down seven cents at $16.41.  October two cents higher at $19.23.  November four cents lower at $17.65.  December down a penny at $16.72.  January through March contracts four to ten cents higher.

Dry whey down $0.0075 at $0.3475.  

Blocks up $0.05 at $2.2150.  Six trades were made ranging from $2.20 to $2.2050.

Barrels up $0.0050 at $1.60.  Four trades were made ranging from $1.5875 to $1.60. 

Butter up $0.01 at $1.49.  Seven trades were made ranging from $1.49 to $1.50. 

Nonfat dry milk unchanged at $1.04.