After a four-day holiday break, milk futures were mostly lower and the cash dairy markets were steady to higher Monday on the Chicago Mercantile Exchange.
December Class III milk was up $0.01 at $16.36. January was down $0.09 at $16.35. February was down $0.12 at $16.86. March was down $0.16 at $17.46. April through October contracts ranged from three cents higher in May to five cents lower in October.
Dry whey remained unchanged at $0.3975. No sales were recorded.
Forty-pound cheese blocks were up $0.02 at $1.61. Two sales were recorded at $1.6075 and $1.61.
Cheese barrels were up $0.03 at $1.47. Three sales were recorded, ranging from $1.47 to $1.5050.
Butter was unchanged at $2.50. No sales were recorded.
Nonfat dry milk was up $0.0050 at $1.19. No sales were recorded.
