On the Chicago Mercantile Exchange milk futures and cash dairy prices were up except for whey and powder Monday. Class III and IV milk markets began the week on the right foot as prices ended in the green. August through December 2022 Class III values jumped 33 to 66 cents/cwt. while Q1 2023 added 23-25 cents. Class IV prices followed along with futures up 13-30 cents. First half 2023 closed up to 10 cents stronger.
In spot trade dry whey was down $0.0075 at $0.4475. No sales were recorded. Cheese blocks were up $0.0450 at $1.9550. Three sales were made from $1.91 to $1.9575. Cheese Barrels were up $0.0175 at $1.9375. One sale was made at that price. Butter went up $0.0225 closing at $2.93. There were wo sales at $2.9175 and $2.93. Nonfat dry milk was down $0.0150 at $1.67. No sales were recorded.
