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CME milk futures, cash dairy mostly higher Tuesday
Milk futures and the cash dairy prices were mostly higher Tuesday on the Chicago Mercantile Exchange.
April Class III milk was up $0.05 at $15.49. May was up $0.36 at $17.22. June was up $0.33 at $17.57. July was up $0.20 at $17.98.
August through November contracts ranged from two cents lower in November to twelve cents higher in August. November was the only month to see a price drop Tuesday.
Dry whey was up $0.02 at $0.38. Two sales were recorded at $0.38 and $0.39.
Forty-pound cheese blocks were up $0.0425 at $1.61. Eleven trades were recorded, ranging from $1.60 to $1.61.
Cheese barrels were up $0.0375 at $1.61. Seven sales were recorded, ranging from $1.60 to $1.61.
Butter was up $0.02 at $2.94. Three trades were recorded, ranging from $2.94 to $2.95.
Nonfat dry milk was down $0.0075 at $1.1275. Four sales were recorded, ranging from $1.1225 to $1.1275.
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