Milk futures were higher in the near term and cash dairy prices were higher Monday on the Chicago Mercantile Exchange.
July Class III milk July was up a penny at 13.83. August Class III milk had most of the trading volume and was up $0.22 at $15.31. September was up $0.19 at $16.11. October was down $0.01 at $17.01. November was unchanged at $17.58. December through June contracts ranged from unchanged from December through May to eleven cents higher in June.
Dry whey was up $0.0025 at $0.25. No sales were recorded.
Cheese blocks were up $0.0150 at $1. 4950. Three sales were recorded from $1.48 and $1.49.
Cheese barrels were up $0.0150 at $1.4075. No sales were recorded.
Butter was up $0.01 at $2.56. Twenty sales were recorded, ranging from $2.5525 to $2.5675.
Nonfat dry milk was up $0.01 at $1.1150. No sales were recorded.