Prior to a mostly neutral report on milk output, milk futures on the Chicago Mercantile Exchange ended Monday with a mixed performance. Class III milk for October is now $21.54, up nine cents. November came in at $21.43, up a cent. December is at $21.46, down four cents. At $21.12, January was up three cents. Contracts for February through April are up a cent in value.
Dry whey is now $0.4550, down $0.0050. At that price, one deal was completed. $0.0075 less each block at $2.0525. At $2.0625, one sale was completed. At $2.1025, barrels are up $0.0125. At that price, one deal was completed. Butter is now $3.1525, up $0.02. There were nine transactions between $3.16 and $3.1675. Nonfat dried milk is now $1.56, down $0.01.
(T2, D1)
