Market News
Milk futures lower, cash dairy mixed Monday
June Class III milk futures on the Chicago Mercantile Exchange down 19 cents at $16.66. July down 57 at $16.25. August through October futures 52 to 67 lower.
Dry whey down $0.0175 at $0.3725. Eight trades were made, with a range of $0.3725 to $0.3850.
Blocks up $0.0350 at $1.8150.
Barrels up $0.0175 at $1.7375. Eleven trades made, ranging $1.7375 to $1.75.
Butter $0.04 lower at $1.6050.
Nonfat dry milk up $0.0050 at $0.94. Six trades were made, with a range of $0.9325 to $0.94.
