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Milk Futures, Cash Dairy Mostly Lower

Milk futures on the Chicago Mercantile Exchange opened the week again in lower trade with little direction for cash markets.

June Class III milk down two cents at $17.31. July down 26 cents at $16.46. August down 24 cents at $16.99. September eight cents lower at $17.87. October through December contracts one to seven cents lower.

Dry whey unchanged at $0.61.

Blocks up $0.02 at $1.4725. One trade was made at that price.

Barrels down $0.0625 at $1.48. Three trades were made from $1.48 to $1.4925.

Butter unchanged $1.7850.

Nonfat dry milk down $0.01 at $1.2550. Five sales made from $1.2550 to $1.26.

 
--Brownfield AgNews