Milk futures were higher and the cash dairy markets were steady to higher Monday on the Chicago Mercantile Exchange.
February Class III milk was up $0.08 at $16.21. March was up $0.28 at $17.26. April was up $0.21 at $17.56. May was up $0.22 at $17.93.
June through December contracts ranged from unchanged in October and December to twenty-three cents higher in June. Monday’s Class III trade volume had just over eleven hundred contracts.
Dry whey remains unchanged at $0.52. No sales were recorded.
Forty-pound cheese blocks were up $0.0150 at $1.5850. One sale was recorded at $1.59.
Cheese barrels were up $0.0175 at $1.5950. Three sales were recorded, ranging from $1.59 to $1.5950.
Butter was up $0.0225 at $2.7125. No sales were recorded.
Nonfat dry milk was unchanged at $1.20. No sales were recorded.