Milk futures on the Chicago Mercantile Exchange started the week lower anticipating bearish USDA reports and seeing little cash activity Monday.
January Class III milk unchanged at $16.16. February down 50 cents at $15.96. March 50 cents lower at $17.04. April down 23 cents at $17.31. May through July contracts seven to 15 cents lower.
Dry whey unchanged at $0.54.
Blocks unchanged at $1.61.
Barrels unchanged at $1.3925. Two sales were made at $1.39 and $1.3925.