Market News
CME milk and cash dairy prices up Monday
Milk futures were up sharply and cash dairy prices were mostly up on the Chicago Mercantile Exchange Monday.
June Class III milk was up $0.13 at $24.46. July closed down $0.47 at $25.07. August closed up $0.56 at $24.98. September was up $0.36 at $24.74. October through May contracts ranged from eight cents higher in April to thirty-five cents higher in October and November.
Dry whey was unchanged at $.5575. No sales were recorded.
Cheese Blocks were up $0.01 at $2.28. Two sales were recorded at that price.
Cheese Barrels were unchanged at $2.2450. Two sales were recorded at that price.
Butter rebounded with a $0.0425 gain to $2.9575. Four sales were made from $2.9175 to $2.9575.
Nonfat dry milk was up $.0075 to $1.87. Three sales were recorded from $1.87 to $1.8725.
