Market News
CME milk and cash dairy closed mostly down Tuesday
Milk futures and cash dairy prices were mostly down on the Chicago Mercantile Exchange Tuesday.
June Class III milk was up $0.01 at $24.31. July closed down $0.18 at $24.25. August closed down $0.12 at $24.39. September was down $0.08 at $24.32. October through May contracts ranged from in January to twenty-six cents lower in November.
Dry whey was unchanged at $0.5150. There were no sales recorded.
Cheese Blocks were down $0.0325 at $2.1850. Three sales were recorded at $2.1825 and $2.1850.
Cheese Barrels dropped $0.0450 to $2.1750. Ten trades were made from $2.1750 to $2.1850.
Butter was up $0.05 to $2.98. Fifteen trades were made from $2.9375 to $2.98.
Nonfat dry milk was down $.0350 to $1.82. Three sales were made from $1.81 to $1.8250.
