On Monday, the Chicago Mercantile Exchange saw milk futures and cash dairy markets rise. April Class III milk went up $0.04 to $15.61. May was up $0.31 to $16.72. June was up $0.30 to $17.34. July was up $0.20 to $17.81. Contracts from August to February were between five cents lower in February to seventeen cents higher in August. Dry whey was down $0.01 to $0.38. There was one sale at that price. 40-pound cheddar blocks were up $0.0350 to $1.55. Six transactions were reported, with prices ranging from $1.5250 to $1.5550. Cheese barrels were up $0.0375, to $1.5675. Two transactions were reported for $1.5675 and $1.5825. Butter was up $0.03 to $2.97. Three transactions were made at that price. Nonfat dried milk went up $0.0050, to $1.1375. Two transactions were reported for $1.1350 and $1.14.
