On the Chicago Mercantile Exchange optimism continues for milk futures which began the week higher as did cash trade. February Class III milk was up 16 cents at $20.35. March 43 cents higher at $21.81. April up 35 cents at $21.85. May 16 cents higher at $21.61. June through August eight to 22 cents higher.
In spot trade dry whey up $0.01 at $0.85. One sale was made at that price. Blocks up $0.04 at $1.83. Barrels up $0.0375 at $1.78 Butter unchanged at $2.54. One sale was made at that price. Nonfat dry milk up $0.0250 at $1.83. Two trades were made at $1.8150 and $1.83.
(T2, D1)
