Market News
CME milk futures and cash dairy prices up Monday
Milk futures and cash dairy prices were all up on the Chicago Mercantile Exchange Monday.
March Class III milk was up $.06 at $22.61. April closed up $.29 at $23.97. May closed up $.48 at $24.10. June was up $.47 at $23.91. July through February contracts ranged from eleven to thirty-four cents higher with the biggest gains between July and September.
Dry whey was unchanged at $0.7575. No sales were recorded.
Cheese Blocks were up $.0125 closing at $2.16. Three sales were recorded between $2.1550 and $2.1625.
Cheese Barrels were $.0575 higher, closing at $2.0275. Seven sales were recorded ranging from $2.00 to $2.0275.
Butter was up $.0375 to $2.7225. Six sales were made ranging from $2.6875 to $2.7250.
Nonfat dry milk was down $.01 closing at $1.8625. Two sales were recorded at $1.86 and $1.8625.