Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mixed Monday with light movement along with cash trade.

June Class III milk unchanged at $17.25. July down six cents at $17.47. August down seven cents at $18.34. September unchanged at $18.74. October through December contracts a penny lower to unchanged.

Dry whey down $0.0050 at $0.6225.

Blocks up $0.0050 at $1.5050. Three sales were made at $1.50 and $1.5050.

Barrels down $0.0075 at $1.6655. Five trades were made from $1.6550 to $1.6650.

Butter up $0.03 at $1.8225. Ten trades were made from $1.8175 to $1.83.

Nonfat dry milk up $0.0075 at $1.3075.