On the Chicago Mercantile Exchange milk futures closed higher Monday as grains continued to slide and cash trade was mixed. September Class III milk unchanged at $16.59. October up 16 cents at $17.50. November five cents higher at $17.35. December up five cents at $17.62. January through March contracts one to four cents higher.
On the spot markets blocks up $0.0250 at $1.8150. One sale was made at that price. Barrels down $0.0150 at $1.4425. Five sales were made from $1.4625 to $1.48. Butter up $0.0175 at $1.2025. Eight sales were made from $1.79 to $1.8025. Nonfat dry milk down $0.0025 at $1.3550. One sale was made at $1.3525. Dry whey unchanged at $0.53.