Market News
CME milk futures up, cash dairy mixed Tuesday
Milk futures were up and cash dairy prices were mixed on the Chicago Mercantile Exchange Tuesday.
May Class III milk was up $0.01 at $25.20. June closed up $0.06 at $24.57. July closed up $0.09 at $24.69. August was up $0.07 at $24.43. September through March contracts ranged from four to thirty-one cents higher.
Dry whey was unchanged at $0.5225. No sales were recorded.
Cheese Blocks closed down $0.0325. at $2.2475. Four sales were recorded from $2.2475 to $2.28.
Cheese Barrels were unchanged at $2.2950. Nine sales were made from $2.2950 to $2.2975.
Butter was up $0.0025 at $2.88. Nine sales were made from $2.8525 to $2.88.
Nonfat dry milk was up $.0050 to $1.8650. One sale was recorded at that price.
