On the Chicago Mercantile Exchange milk futures and cash dairy prices gained back some of last week’s losses Monday. September Class III milk was up $0.23 at $19.96. October closed up $0.09 at $20.09. November was up $0.20 at $20.81. December was up $0.13 to $20.73. January through July contracts ranged from fourteen cents lower in May to seventeen cents higher in March.
In spot trade for a fourth straight session, dry whey remains unchanged at $0.45 with no sales activity. Cheese blocks were unchanged at $1.82. No sales were recorded. Cheese Barrels were unchanged at $1.8950. No sales were recorded. Butter went up $0.0800 closing at $3.02. Two sales were recorded at $3.00 and $3.02. Nonfat dry milk closed up $0.0125 at $1.5325. Three sales were recorded from $1.53 to $1.5350.
