On the Chicago Mercantile Exchange milk futures started the week mostly higher correcting some oversold positions follow last week’s slide. Class III ranged on the close between 7 cents lower to 11 cents higher out through June of 2022. Class IV prices were unchanged across the board. Low volumes were again seen in the market.
On spot trade , dry whey unchanged at $0.6275. Blocks up $0.02 at $1.7675. Three trades were made from $1.75 to $1.7675. Barrels down $0.0375 at $1.6950. Six trades were made from $1.6850 to $1.71. Butter up $0.0125 at $1.7825. One trade was made at $1.7725. Nonfat dry milk unchanged at $1.3225. Two trades were made at that price.
(T6, D1)
