Market News
Big day for milk futures and cash dairy Monday
June Class III milk futures on the Chicago Mercantile Exchange up 75 to $14.43. July also up the limit of 75 cents at $15.45. August through October contracts 74 to 75 higher.
Dry whey up $0.0050 at $0.4025. Three trades were made, ranging from $0.40 to $0.4050.
Blocks up $0.0825 at $1.3875.
Barrels up $0.03 to $1.30. Three trades made at $1.30.
Butter up $0.0625 at $1.3525. Five trades were made, with a range of $1.34 to $1.3475.
Nonfat dry milk up $0.0325 at $0.8575. Eight-teen trades made, ranging $0.84 to $0.86.
