On the Chicago Mercantile Exchange milk futures closed mostly lower to start the week Monday as did cash markets. January Class III milk unchanged cents at $16.12. February up 14 cents at $15.50. March 47 cents lower at $16.17. April down 29 cents at $16.47. May through July contracts 10 to 29 cents lower.
In spot trade, Dry whey unchanged at $0.5350. Blocks up $0.0075 at $1.5825. Four sales were made ranging from $1.57.50 to $1.5825. Barrels unchanged at $1.39. One trade was made at $1.3875. Butter down $0.0350 at $1.21. One trade was made at $1.2250. Nonfat dry milk down $0.02 at $1.1525. Three sales were made ranging from $1.1525 to $1.1625.
(T6, D2)
