CME milk futures, cash dairy mixed Tuesday
Milk futures and cash dairy prices were mixed Tuesday on the Chicago Mercantile Exchange.
January Class III milk was up $0.02 at $19.48. February was down $0.05 at $18.54. March was down $0.11 at $18.18. April was up $0.02 at $18.56. May through December contracts ranged from five cents lower in July to one cent higher in June.
Dry whey was up $0.0025 at $0.3350. Ten sales were made from $0.3325 to $0.35.
Cheese blocks were up $0.0275 at $2.0275. No sales were recorded.
Cheese barrels were up $0.01 at $1.7175. Four sales were recorded from $1.7050 to $1.72.
Butter was down $0.0075 at $2.4175. No sales were recorded.
Nonfat dry milk was down $0.0125 at $1.2425. Three sales were recorded from $1.2375 to $1.2475.