On the Chicago Mercantile Exchange milk futures and cash dairy prices were mostly up Monday. Class III milk prices were 13 cents higher in May, 1-4 cents higher in June-September and 1-3 lower in the fourth quarter. Class IV markets were 2 cents lower to 8 cents higher. While milk prices were steady Monday, political news that broke continue to show how vulnerable this market could be moving forward.
Dry whey was unchanged at $.3475 cents per pound. No sales sales were recorded. Forty-pound blocks were up $.0250 at $1.70 per pound. Five sales were recorded from $1.68 to $1.70. Barrels were up $.0375 at $1.70 per pound. No sales were recorded. Grade AA Butter was up $.01 at $2.2825 per pound. No sales were recorded. Nonfat dry milk was unchanged at $1.0525 per pound. No sales were recorded.
