On the Chicago Mercantile Exchange milk futures started the week mostly quiet in mixed trade. Class III milk continued to be indecisive. November was unchanged at $20.19 with a 17 cent range during trading. December also unchanged at $19.70, and January gained a penny to $18.12, with February falling 3 to $17.21/cwt. Class IV milk saw small gains though November was unchanged at 16.78, December gained 6 to $16.86 and January gained 2 cents to $16.92.
Dry whey down $0.0025 at $0.28. Fourteen trades were made ranging from $0.28 to $0.2850. Blocks up $0.0050 at $2.16. Five trades were made ranging from $2.16 to $2.1675. Barrels up $0.0150 at $2.34. One trade was made at $2.3225. Butter down $0.0175 at $2.0625. Four trades were made ranging from $2.0625 to $2.07. Nonfat dry milk up $0.0075 at $1.19. Three trades were made ranging from $1.1850 to $1.19.
Grain and feed markets continue their rangebound moves as harvest slogs along. December corn fell 6 cents to $3.83 ¼, November Soybeans gained 1 ¼ to $9.25 ¾, and December Soybean meal fell $1.50 to $302.40/ton.
