CME milk futures down, cash dairy mixed Tuesday
Milk futures fell again Tuesday and cash dairy prices were mixed on the Chicago Mercantile Exchange.
November Class III milk was down $.01 at $17.94. December closed down $.09 at $18.33. January closed down $.24 at $18.75. February was down $.17 at $18.94. March through October contracts ranged from twelve cents lower to one cent higher.
Dry whey was unchanged at $0.70. One sale was recorded at that price and there were two offers at $.73 and $.74.
Cheese Blocks were unchanged at $1.8575. No sales were recorded.
Cheese Barrels went up $.0150 closing at $1.5250. There was one sale at $1.5225 and one offer at $1.55.
Butter closed unchanged at $1.99. There were no sales or offers Tuesday.
Nonfat dry milk was unchanged at $1.5675. There were two sales at $1.5675 and $1.57 and two offers at $1.5750 and $1.58.