Market News

Milk futures, cash dairy mostly higher

Milk futures on the Chicago Mercantile Exchange closed mostly higher Monday as optimism from additional COVID relief and food box program buying carries markets.

September Class III milk down three cents at $16.26.  October six cents higher at $19.65.  November up 28 cents at $18.98.  December 16 cents higher at $17.67.  January through March contracts unchanged to three cents higher.

Dry whey up $0.0075 at $0.3625.  One trade was made at $0.3575. 

Blocks up $0.02 at $2.6475. 

Barrels unchanged at $1.6350. 

Butter up $0.0150 at $1.6125. 

Nonfat dry milk up $0.01 at $1.08.  Three trades were made at $1.0750 to $1.08.