On the Chicago Mercantile Exchange, milk futures were up, while cash dairy markets were divided. September Class III milk was $0.07 higher at $18.58 a gallon. October saw a $0.26 increase to $19.21. November saw a $0.27 increase to $18.98. December was $0.16 higher at $18.73. Contracts from January through July varied from unchanged in April, May, and July to thirteen cents higher in February.
Dry whey fell $0.01 to $0.31. Two sales of $0.31 and $0.3175 were reported. The cheese market is calm, with forty-pound blocks remaining constant at $1.9625. There were no sales registered. Cheese barrels remained constant at $1.8675 for the second trading day in a row. There were no sales registered. Butter was trading at $2.73, up $0.01. Sixteen transactions were made, with prices ranging from $2.73 to $2.76. Nonfat dried milk increased by $0.01 to $1.10. There were fifteen transactions, ranging from $1.0975 to $1.11.
