CME milk futures up, cash dairy mixed Monday


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CME milk futures up, cash dairy mixed Monday

Milk futures on the Chicago Mercantile Exchange were mostly higher Monday while cash markets were mixed.

November Class III milk was up $.26 at $23.46.  December was $.36 higher at $19.06.  January up $.54 at $17.79.  February was up $.44 at $16.99.  March through October contracts zero to twenty cents higher.

Dry whey was unchanged at $0.4225. No sales were recorded.

Blocks went down $.0500 settling at $2.3025.  Two sales were made at $2.3025 and $2.3425

Barrels fell $.1075 to $2.21. Nine sales were made at that price.

Butter closed up $0.0325 at $1.4625.  Three trades were made ranging from $1.46 to $1.4655. 

Nonfat dry milk up $0.0175 at $1.0975.  Eighteen trades were made ranging from $1.09 to $1.0975.  Four sales were made ranging from $1.0625 to $1.0675.

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