Milk futures on the Chicago Mercantile Exchange ended lower Monday after a long-term dairy projection left little to be desired by traders and cash markets were flat.
August Class III milk futures unchanged at $17.61. September down nine cents at $17.78. October 11 cents lower at $17.78. November down seven cents at $17.45. December through March contracts three to seven cents lower.
Dry whey unchanged at $0.3550. One trade was made at that price.
Blocks unchanged at $1.8675.
Barrels unchanged at $1.72.
Butter up $0.0225 at $2.3375. Five trades were made ranging from $2.3225 to $2.3375.
Nonfat dry milk unchanged at $1.0275.
--Brownfield AgNews