Market News
CME milk down, cash dairy mixed Tuesday
Milk futures were mostly down and cash dairy prices were mixed on the Chicago Mercantile Exchange Tuesday.
June Class III milk was up $0.01 at $24.31. July closed down $0.29 at $23.27 and a loss of $0.93 over three trading days. August closed down $0.27 at $23.86. September was down $0.19 at $23.73. October through May contracts ranged from twenty-two cents lower in April to two cents higher in January.
Dry whey was unchanged at $0.5075. No sales were recorded.
Cheese Blocks were down $0.0450 at $2.10. One sale was made at $2.11.
Cheese Barrels were up $0.0125 to $2.17. No trades were recorded.
Butter was down $0.01 to $2.93. No trades were recorded.
Nonfat dry milk was up $0.01 to $1.81. Two sales were recorded at that price.
