At the Chicago Mercantile Exchange, class III milk futures maintained mixed results in the end, with the average for the balance of 2018 falling 4 cents to finish at $15.68 per cwt. while the first half of 2019 gained a penny to finish at $15.91. October closed a penny lower at $15.60. November down four cents at $15.72. December down seven cents at $15.73. January four cents lower at $15.72. February through next September contracts closed unchanged to a nickel higher. In the Class IV market. Both periods moved higher, with the average for the remainder of 2018 now resting at $15.03 while the first half of next year advances to $15.32.
Seasonal interest for butter continued to push prices higher on Monday after six loads moved from seller to buyer and 4 cents was added to price. On a per pound basis, butter now finishes at $2.29. Barrels were down $0.0225 at $1.3075. Eight trades were made ranging from $1.3350 to $1.34. Blocks were unchanged at $1.61. One trade was made at $1.58. Nonfat dry milk closed $0.0050 higher at $0.8725. Dry whey was unchanged at $0.5625.