Milk futures and the cash dairy markets were mostly higher Monday on the Chicago Mercantile Exchange.
April Class III milk was up $0.18 at $15.75. May was up $0.16 at $16.32. June was up $0.18 at $17.04. July was up $0.05 at $17.72.
August through February contracts ranged from unchanged in February to eleven cents higher in October. Monday’s Class III trade volume was higher with 2,454 contracts.
Dry whey was unchanged at $0.3950. No sales were recorded.
Forty-pound cheese blocks were up $0.0350 at $1.4275. Seven sales were recorded, ranging from $1.4250 to $1.4450.
Cheese barrels were up $0.0050 at $1.43. Nine sales were recorded, ranging from $1.4225 to $1.43.
Butter was up $0.0550 at $2.8625. Nine sales were recorded, ranging from $1.85 to $1.8625.
Nonfat dry milk was up $0.0150 at $1.1225. Seven sales were recorded, ranging from $1.12 to $1.1250.
