Milk futures, cash dairy fall Monday under expanded limits

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Milk futures, cash dairy fall Monday under expanded limits

April Class III milk futures on the Chicago Mercantile Exchange down 46 cents at $14.86.  May down 72 at $13.15.  June through August contracts 61 to 68 cents lower.

Dry whey steady at $0.33.

Blocks down $0.1525 at $1.4375.

Barrels down $0.04 at $1.30.  Six trades were made, with a range of $1.2950 to $1.30.

Butter $0.09 lower at $1.3975.

Nonfat dry milk down $0.0250 at $0.8950.  Thirty-one trades made, ranging $0.8725 to $0.8950.

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