On the Chicago Mercantile Exchange Monday most milk futures were up and cash dairy prices were mixed. Class III milk was down 2 cents in January to $20.27, February gained 12 to $21.65, with March up 29 to $21.53/cwt. The balance of 2022 was up 5-33 cents. Class IV Milk continued to march higher. January up 5 to $22.40, February up 33 cents to $22.46, and March up 21 to $22.43. First half of 2022 averages at $22.27/cwt.
The spot dairy trade helped support milk. Butter was up $.0375 at $2.78. No sales were recorded. Dry whey was unchanged at $0.7525. No sales were recorded. Cheese Blocks were unchanged at $1.9950. No sales were recorded. Cheese Barrels were $.0350 lower, closing at $1.83. Two sales were recorded at $1.83 and $1.8475. Nonfat dry milk was up $.0125 at $1.7225. No sales were recorded.
