Market News
Milk futures and cash dairy start week lower
July Class III milk futures on the Chicago Mercantile Exchange down 19 cents at $24.43. August 14 lower at $24.51. September down 18 at $24.40. October through December futures unchanged to 23 cents lower.
Dry whey down $0.0275 at $0.5150.
Blocks down $0.0375 at $2.2175. Two trades were made at $2.2175 and $2.23.
Barrels down $0.0225 at $2.22. Three trades were made, ranging from $2.21 to $2.22.
Butter down $0.0450 at $2.93. Two trades at $2.9225 and $2.93.
Nonfat dry milk unchanged at $1.8550.
