Blocks and barrels finished lower to start the week in the CME Cash Dairy Product Trade. Block cheese eased 1.50 cents to $1.7950. Barrels were down 2.50 cents to $1.7650/lb. Butter held steady at $1.72/lb on 15 trades. Nonfat Dry Milk remained at $1.46/lb and Dry Whey at $.5950.
Class III milk futures were lower across the board minus November. October gave up a dime to $17.93/cwt. November rose 7 cents to $18.84/cwt. December milk fell 1 penny to $18.30/cwt. First half 2022 lost 1 to 11 cents.
Corn was able to finish higher despite most other grains settling lower on the day. December corn added 2.50 cents to $5.33/bushel. November soybeans decreased 14.75 cents to $12.2825/bushel. December soybean meal pushed $1.60 lower to $317.10/ton. December Chicago Wheat declined 2.25 cents to $7.3175/bushel.
Another mixed day in the livestock markets. October live cattle gained a nickel to $125.62/cwt. October feeder cattle settled 15 cents lower to $159.32/cwt on the day. October lean hogs gave up 30 cents to $89.95/cwt. November crude oil broke through $80/barrel to $80.44.
