Market News

Milk futures, cash dairy mostly higher

Class III milk futures at the Chicago Mercantile Exchange closed mostly higher Tuesday on technical buying.

February milk was $0.01 higher at $13.48. March was up $0.19 at $13.75.  April closed $0.18 higher to $13.93.  May milk was up $0.19 at $14.29.  The rest of the 2018 milk futures closed three cents a hundredweight to 17 cents higher.

Grade AA Butter was $0.0325 higher at $2.0625. Two loads were sold ranging from $2.04 to $2.05.

Barrels were up $0.0025 at $1.3625. Five loads were sold, one at $1.36 and four at $1.3625.

40 # blocks were up $0.0075 at $1.51. Two loads were sold at $1.5050 and $1.51.

Nonfat dry milk was down $0.0050 at $0.73. One load was sold.