At the Chicago Mercantile Exchange Monday Milk futures were sharply down and cash dairy prices were mixed. 2019 Class III markets showed losses on Monday anywhere from two to 18 cents, with the most losses in February to April. January Class Three milk was unchanged at $14.07. February was down $.19 at $14.30. March was down $.13 at $14.93. April was down $.11 to $15.40. The milk futures from May through next December ranged from eight cents lower to seven cents higher. The first and second half averages are now $15.09 and $16.55.
Dry whey was up $.01 at $.5050 cents per pound. Two sales were recorded at $.50 and $.5050. Forty-pound blocks were up $.0125 at $1.4225 per pound. No sales were recorded. Barrels were down $.0150 at $1.23 per pound. One sale was recorded at that price. Grade AA Butter was unchanged at $2.2575 per pound. No sales were recorded. Nonfat dry milk was up $.0125 at $1.0425 per pound. One sale was recorded at that price.
