On the Chicago Mercantile Exchange, milk futures and cash dairy prices were all down on Monday.
Class III milk went down $0.49 to $14.86 in July. August’s price went down $0.44 to $15.68. September was $0.50 lower at $16.77. October was $0.30 lower at $17.70. Contracts for November through May ranged from unchanged in April to 25 cents lower in November.
Dry whey fell $0.0025 to $0.2625. Thirteen transactions were made between $0.2625 and $0.2650.
Cheese blocks fell $0.0425 to $1.3625. There were nine transactions ranging from $1.3625 to $1.4050.
Cheese barrels fell $0.05 to $1.45. There were nine transactions ranging from $1.45 to $1.4575.
Butter went down $0.06 to $2.36 a pound. At that price, one sale was recorded.
Nonfat dried milk fell $0.0075 to $1.1250. four transactions
