On the Chicago Mercantile Exchange milk futures and cash dairy markets were all up Monday, July 12th. July Class III milk was up $.04 at $16.89. August was up $.31 closing at $17.85. September was up $.32 at $18.03. October was up $.25 at $18.59. November through June contracts ranged from zero to fifteen cents higher.
On spot trade, dry whey was up $.0125 at $.52. There were no trades registered. Blocks were up $.01 closing at $1.7350. There was one sale at that price. Barrels went up $.06 to $1.64. Ten sales were made ranging from $1.59 to $1.64. Butter closed up $.0225 at $1.6975. Two sales were at $1.6975 and $1.70. Nonfat dry milk was up $.01 to $1.26. Four sales were recorded from $1.2550 to $1.26.
(T1, D1)
