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Dairy Markets See Max Moves in Chicago Monday

We saw limit moves on multiple fronts in the dairy market on Monday on the Chicago Mercantile Exchange.  June Class III milk futures were up 75 to $14.43.  July also up the limit of 75 cents at $15.45.  August through October contracts 74 to 75 higher. Class IV milk saw May gain 7 to $10.29, June gained 28 to $11.58 and July gained 56 cents to $12.66 per cwt. 

Dry whey up $0.0050 at $0.4025.  Three trades were made, ranging from $0.40 to $0.4050.  Blocks up $0.0825 at $1.3875.  Barrels up $0.03 to $1.30.  Three trades made at $1.30. Butter up $0.0625 at $1.3525.  Five trades were made, with a range of $1.34 to $1.3475. Nonfat dry milk up $0.0325 at $0.8575.  Eight-teen trades made, ranging $0.84 to $0.86.

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