Market News

Milk futures mostly lower Monday, cash dairy steady to lower

April Class III milk futures on the Chicago Mercantile Exchange a dime higher at $16.00.  May down 19 at $15.59.  June through August contracts 19 to 23 cents lower.

Dry whey down $0.0225 at $0.3250.  Five trades made, ranging from $0.3250 to $0.3350.

Blocks unchanged at $1.8725. 

Barrels steady at $1.50.

Butter down $0.04 at $1.7725. 

Nonfat dry milk down $0.0275 at $1.0250.

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