Milk futures on the Chicago Mercantile Exchange opened in lower trade Monday, pressured by a bearish dairy products report and lower cash prices.
June Class III milk down 16 cents at $17.15. July down 24 cents at $17.62. August five cents lower at $18.39. September down a nickel at $18.75. October through December contracts five to 12 cents lower.
Dry whey down $0.0075 at $0.5950. One sale was made at that price.