Milk futures mostly lower, cash dairy steady to higher Tuesday

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Milk futures mostly lower, cash dairy steady to higher Tuesday

June Class III milk futures up 17 cents to $14.60.  July down 15 at $15.30.  August through October contracts seven to 21 lower.

Dry whey unchanged at $0.4025.

Blocks up $0.1050 at $1.4925. 

Barrels up $0.11 at $1.41.  Seven trades were made, ranging from $1.33 to $1.41.

Butter steady at $1.3525.

Nonfat dry milk up $0.0025 at $0.86.  Four trades made, ranging $0.86 to $0.8650.

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