Market News

Milk futures, cash dairy mixed

Milk futures on the Chicago Mercantile Exchange closed mixed Tuesday as did cash trade.

August Class III milk futures unchanged at $17.60.  September up a nickel at $17.30.  October six cents lower at $17.43.  November down four cents at $17.29.  December through March contracts unchanged to four cents lower.

Dry whey unchanged at $0.3950.  

Blocks down $0.0025 at $1.8775.  One trade was made at that price.

Barrels up $0.0150 at $1.68.  Four trades were made at that price.

Butter up $0.0125 at $2.21.  Nineteen trades were made ranging from $2.20 to $2.22.

Nonfat dry milk up $0.0075 at $1.0475.  Sixteen trades were made ranging from $1.04 to $1.0475.