On the Chicago Mercantile Exchange milk futures closed mostly higher Monday as optimism from additional COVID relief and food box program buying carries markets. Class III Milk fell 3 in September to 16.26, but October gained 6 to 19.65, November gained 28 to 18.98. 2021 was unchanged to 3 higher. Class IV milk saw some nice movement and finished higher across the board. September gained 3 to 12.75, October gained 27 to 14.20, and Nov gained 31 cents to 14.67. 2021 was 1-15 cents higher.
On the product trade Dry whey up $0.0075 at $0.3625. One trade was made at $0.3575. Blocks up $0.02 at $2.6475. Barrels unchanged at $1.6350. Butter up $0.0150 at $1.6125. Nonfat dry milk up $0.01 at $1.08. Three trades were made at $1.0750 to $1.08.
The grain and feed complex was lower. Corn fell 8 ¾ cents to 3.69 ¾, Soybeans fell 21 cents to 10.22 ½, Chicago wheat fell 20 ¼ to 5.54 ¾, and Soybean meal gave back $4 to $333.40/ton.