Market News

Milk futures higher, cash dairy mostly higher Monday

December Class III milk futures on the Chicago Mercantile Exchange up 6 cents at $18.66.  January 41 higher at $19.18.  February up 33 at $19.28.  March through May contracts 14 to 29 cents higher.

Dry whey steady at $0.6975. 

Blocks down $0.0150 at $1.8425.  Three trades were made, ranging from $1.8175 to $1.8425.

Barrels up $0.0375 at $1.64.  Four trades made with a range of $1.64 to $1.6450.

Butter up $0.01 at $2.0125.  four trades ranging from $2.0125 to $2.03.

Nonfat dry milk unchanged at $0.6975.

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