At the Chicago Mercantile Exchange class III milk futures closed mostly lower Monday. November closed unchanged at $14.48. December down 23 cents at $14.09. 2018 class III markets were down as well with losses anywhere from 2 to 24 cents from January to August. January 24 cents lower at $14.22. February down 13 cents at $14.57. March through next October contracts closed seven cents lower to four cents higher. 2018 Class IV markets didn’t see much action as November was unchanged at $15.07 and December fell 2 cents to $14.48.
Blocks closed $0.0050 higher at $1.35. Barrels were unchanged at $1.24. Dry whey closed down $0.0050 at $0.42. Three trades were made ranging from $0.4150 to $0.42. Butter was down $0.05 at $2.23. Five trades were made ranging from $2.2075 to $2.23. Nonfat dry milk was up $0.0075 at $0.9050. Eleven trades were made ranging from $0.9050 to $0.9075.
