Market News
Down day for milk futures and cash dairy Tuesday
July Class III milk futures on the Chicago Mercantile Exchanged closed 8 cents lower at $22.66. August down 44 at $21.26. September down 42 at $21.66. October through December contracts 18 to 29 cents lower.
Dry whey down $0.03 at $0.47. Two trades were made at $0.47 and $0.4750.
Blocks unchanged at $2.11. Three trades at that price.
Barrels down $0.0025 at $2.17. Three trades made, ranging from $2.17 to $2.1725.
Butter down $0.0350 at $2.9650. Thirteen trades were made, with a range of $2.9425 to $2.99.
Nonfat dry milk down $0.0050 at $1.7250. Three trades, ranging $1.7250 to $1.73.
