On the Chicago Mercantile Exchange most milk futures and cash dairy prices were higher Monday to start the new year. January Class III milk was down $.01 at $20.03. February closed up $.32 at $21.04. March closed up $.20 at $20.69. April was up $.13 at $20.35. May through December contracts ranged from a penny lower to twenty cents higher.
On spot trade dry whey was up $.0025 at $0.7525. One sale was recorded at that price. Cheese Blocks were unchanged at $1.98. No sales were recorded. Cheese Barrels were up $.0025 closing at $1.7125 with one sale at that price. Butter was up $.0375 at $2.49. There were no sales. Nonfat dry milk went down $.01 closing at $1.6450. No sales were recorded.
(T4, D1)
