Milk futures and cash dairy higher Tuesday

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Milk futures and cash dairy higher Tuesday

On the Chicago Mercantile Exchange, October Class III milk futures closed 13 cents higher at $17.64.  November up 26 at $17.54.  December milk three cents higher at $17.37.  January through March futures four to six cents higher.

Dry whey up $0.0075 at $0.58.

Blocks up $0.04 at $1.75. 

Barrels up $0.0050 at $1.6250.  Four trades were made, ranging from $1.62 to $1.6250.

Butter up $0.0250 at $1.77.

Nonfat dry milk up $0.0050 at $1.3650.  Eleven trades made, ranging $1.3625 to $1.37.

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