Market News

Milk futures lower, cash dairy mostly steady Monday

May Class III milk futures on the Chicago Mercantile Exchange closed a nickel lower at $18.27.  June down 9 at $17.08.  July 4 cents lower at $17.62.  August through October contracts unchanged to 9 higher.

Dry whey unchanged at $0.5050

Blocks unchanged at $1.70

Barrels unchanged at $1.7050

Butter down $0.0050 at $2.2750

Nonfat dry milk unchanged at $1.1875