On the Chicago Mercantile Exchange Milk futures were mostly up and cash dairy prices were mixed Monday. Commodities across the board found support to kick off the week on Monday. Dairy prices were no different. Class III milk settled 13-38 cents stronger in the 2022 market and 21-27 higher in the Q1 2023 time period. Class IV prices were also in the green led by September closing 57 cents higher. Months beyond September rose around 20-30 cents/cwt.
The CME spot dairy index saw Dry whey was up $0.01 at $0.4650. One sale was recorded at that price. Cheese Blocks were down $0.02 at $1.9750. One sale was recorded at that price. Cheese Barrels were down $0.06 at $2.01. Two sales were recorded at $2.0075 and $2.01. utter went up $0.0350 closing at $2.9650. There were 16 sales ranging from $2.96 to $2.97. Nonfat dry milk was up $0.03 at $1.69. Five sales were recorded from $1.6850 to $1.69.
