Milk futures, cash dairy trade mostly higher

Milk futures, cash dairy trade mostly higher

Milk futures on the Chicago Mercantile Exchange started the week higher Monday following positive cash trade and USDA’s bullish outlook for 2022.

March Class III milk was up 15 cents at $22.05. April 27 cents higher at $22.75. May up 15 cents at $22.53. June eight cents higher at $22.35. July through September eight to 25 cents higher.

Dry whey down $0.02 at $0.76. One sale was made at that price.