Milk futures steady to lower Tuesday, cash dairy mostly lower
April Class III milk futures on the Chicago Mercantile Exchange unchanged at $16.08. May down 12 at $15.09. June through August contracts four to ten cents lower.
Dry whey unchanged at $0.33.
Blocks down $0.0225 at $1.8150. Four trades were made, ranging from $1.8150 to $1.8475.
Barrels $0.02 higher at $1.45. Eleven trades made, ranging from $1.43 to $1.45.
Butter down $0.03 at $1.71.
Nonfat dry milk down $0.0050 at $1.00. Four trades made, with a range of $0.9950 to $1.00.