Market News

Milk futures higher, cash dairy mixed

Milk futures on the Chicago Mercantile were higher Monday as traders bought back oversold positions.

June Class III milk up 26 cents at $20.14.  July up 27 cents at $18.94.  August nine cents higher at $17.47.  September up 13 cents at $17.10.  October through December contracts a penny to a dime higher.

Dry whey down $0.01 at $0.3350.   Five trades were made ranging from $0.3350 to $0.3425.

Blocks up $0.0325 at $2.5850.  One sale was made at that price. 

Barrels unchanged at $2.36.  Two trades were made at $2.3350 and $2.36.   

Butter unchanged at $1.9250. 

Nonfat dry milk down $0.0175 at $0.96.  Two trades were made at $0.96 and $0.97.