Market News

Milk futures lower, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange opened the week lower as cash markets trade on both sides of the coin.

August Class III milk down four cents at $16.15. September down two cents at $17.60. October 17 cents lower at $17.57. November down 27 cents at $17.83. December through February contracts 12 cents lower to two cents higher.

Dry whey up $0.0025 at $0.52. One sale was made at that price.

Blocks down $0.0225 at $1.79. Three trades were made at $1.78 and $1.79.

Barrels up $0.03 at $1.48. Four trades were made at $1.408 and $1.49.

Butter up $0.02 at $1.69. Two trades were made at $1.69 and $1.6975.

Nonfat dry milk down $0.01 at $1.26. Two sales were made at $1.26 and $1.2650.

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