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Milk futures lower, cash dairy mostly firm

Chicago Mercantile Exchange Class III milk futures on Monday were lower, extending Friday’s losses. November was down $.24 at $19.37 and December was $.29 lower at $19.14, while January lost $.17 to $18.60 and February was down $.13 at $18.35.

Cash cheese was mixed, with barrels down $.0025 at $1.86 and blocks up a penny at $1.82. Double A butter was $.03 higher at $1.865, grade A nonfat dry milk held at $1.5375, and extra grade dry weight was $.0075 higher at $.625.

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