CME milk futures fall and cash dairy flat Tuesday

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CME milk futures fall and cash dairy flat Tuesday

Milk futures on the Chicago Mercantile Exchange were sharply down and cash dairy was mostly flat . 

August Class III milk was up $.02 at $16.17.  September finished down $.29 at $17.31.  October closed down $.37 at $17.20.  November was down $.23 at $17.60.  December through February contracts ranged from one to twenty-seven cents lower with December taking the biggest drop. 

Dry whey was unchanged at $0.52.  No sales were recorded. 

Blocks up $0.01 at $1.78.  Two trades were made at $1.77 and $1.78.  Two trades were made at $1.77 and $1.78.

Barrels went up $.01 to $1.49.   Six trades were made from $1.4850 to $1.50.

Butter was unchanged at $1.69.   No sales were recorded.

Nonfat dry milk was unchanged at $1.26.  No sales were recorded.

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