On the Chicago Mercantile Exchange milk futures were still waking up from a holiday break with markets closing mixed on the day in limited activity, cash cheese showed strong sales on the day. December Class III milk down a penny at $15.70. January 24 cents lower at $16.42. February four cents higher at $17.73. March down two cents at $17.63. April through June contracts three to 10 cents higher.
On spot trade, Dry whey unchanged at $0.4675. Blocks up $0.0175 at $1.6150. Ten sales were made ranging from $1.5975 to $1.6150. Barrels up $0.0050 at $1.47. Ten sales were made ranging from $1.4625 to $1.47. Butter down $0.0325 at $1.4925. Nonfat dry milk down $0.0050 at $1.1425.
(T1, D1)
