Market News

CME milk futures higher, cash dairy mixed Monday

Milk futures were higher and the cash dairy market was mixed Monday on the Chicago Mercantile Exchange. 

April Class III milk was up $0.04 at $15.45.  May was up $0.45 at $16.84.  June was up $0.45 at $17.22.  July was up $0.38 at $17.79.  

August through November contracts ranged from six cents higher in October and November to twenty-five cents higher in August.   

Dry whey was unchanged at $0.36.  Nine sales were recorded, ranging from $0.3575 to $0.36. 

Forty-pound cheese blocks were up $0325 at $1.5675.  Two sales were recorded at $1.5450 and $1.5675. 

Cheese barrels were unchanged at $1.5725.  One sale was recorded at that price. 

Butter was unchanged at $2.92.  No sales were recorded. 

Nonfat dry milk was down $0.0075 at $1.1350.  One sale was recorded at that price.