Market News
Milk futures, cash dairy continue tumble Tuesday
April Class III milk futures on the Chicago Mercantile Exchange settled 37 cents lower at $14.49. May down 41 to $12.74. June through August contracts 20 to 33 cents lower.
Dry whey steady at $0.33
Blocks down $0.1075 at $1.33.
Barrels down $0.0950 at $1.2050. Seven trades were made, ranging from $1.21 to $1.2575.
Butter down $0.0625 at $1.3350. Five trades made, with a range of $1.3350 to $1.3625.
Nonfat dry milk down $0.01 at $0.8850.
