Milk futures mixed, cash dairy steady to lower Monday

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Milk futures mixed, cash dairy steady to lower Monday

May Class III milk futures on the Chicago Mercantile Exchange down 35 cents at $11.83.  June eight cents lower at $13.05.  July through September contracts up 32 to 41 cents.

Dry whey steady at $0.33.

Blocks down $0.0225 at $1.1275. 

Barrels down $0.0475 at $1.09.  Four trades were made, with a range of $1.09 to $1.10.

Butter down $0.0250 at $1.2550.

Nonfat dry milk unchanged at $0.8625.

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