On the Chicago Mercantile Exchange, milk futures were up sharply and cash dairy prices were mostly up Monday. June Class III milk was up $0.13 at $24.46. July closed up $0.47 at $25.07. August closed up $0.56 at $24.98. September was up $0.36 at $24.74. October through May contracts ranged from eight cents higher in April to thirty-five cents higher in October and November.
In spot trade dry whey was unchanged at $.5575. No sales were recorded. Cheese Blocks were up $0.01 at $2.28. Two sales were recorded at that price. Cheese Barrels were unchanged at $2.2450. Two sales were recorded at that price. Butter rebounded with a $0.0425 gain to $2.9575. Four sales were made from $2.9175 to $2.9575. Nonfat dry milk was up $.0075 to $1.87. Three sales were recorded from $1.87 to $1.8725.
