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Class III starts the week flat after last weeks gains

Despite a mainly higher CME spot dairy auction, Class III prices faltered and took back some of last week’s gains.  November was down $.24 at $19.37 and December was $.29 lower at $19.14, while January lost $.17 to $18.60 and February was down $.13 at $18.35. Class IV months were mainly 6 cents lower to 6 higher.

Spot dairy auction saw cash cheese mixed, with barrels down $.0025 at $1.86 and blocks up a penny at $1.82. Double A butter was $.03 higher at $1.865, grade A nonfat dry milk held at $1.5375, and extra grade dry weight was $.0075 higher at $.625.

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