Market News
Milk futures and cash dairy mixed Tuesday
December Class III milk futures on the Chicago Mercantile Exchange closed 15 cents lower at $18.01. January down 17 at $18.21. February 6 cents higher at $18.85. March through May contracts 7 to 13 cents higher.
Dry whey down $0.0125 at $0.6875.
Blocks unchanged at $1.8575.
Barrels up $0.0650 at $1.60. Two trades made at $1.60 and $1.6025.
Butter down $0.02 at $1.97. One trade at that price.
Nonfat dry milk up $0.0025 at $1.5550. Nine trades were made, ranging from $1.5475 to $1.56.
