Milk futures lower, cash dairy mostly lower Monday

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Milk futures lower, cash dairy mostly lower Monday

May Class III milk futures on the Chicago Mercantile Exchange down 45 cents at $10.98.  June down 69 to $12.13.  July through September futures 62 to 74 cents lower.

Dry whey unchanged at $0.35.

Blocks down $0.0450 at $1.01.

Barrels $0.01 higher at $1.01.  Two trades were made, ranging $1.0050 to $1.0075.

Butter down $0.0975 at $1.15.

Nonfat dry milk down $0.02 at $1.15. 

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