On the Chicago Mercantile Exchange milk futures kicked off the week mostly higher crossing into $23 territory as cash markets remain positive. February Class III milk was up two cents at $20.82. March 13 cents higher at $22.81. April up 31 cents at $23.25. May four cents lower at $22.50. June through August two to seven cents lower.
In spot trade, dry whey up $0.02 at $0.8425. Five sales were made from $0.8050 to $0.8225. Blocks up $0.0075 at $1.9150. One trade was made at $1.91. Barrels up $0.03 at $1.95. Four trades were made from $1.92 to $1.95. Butter up $0.03 at $2.7850. Four trades were made from $2.7725 to $2.7825. Nonfat dry milk up $0.0025 at $1.90. Three sales were made at that price.
(T4, D2)
