Market News
Milk futures, cash dairy mostly lower
The negative price trend on the Chicago Mercantile Exchange continued Tuesday for milk futures and cash trade.
August Class III milk down a penny at $20.12. September down 10 cents at $19.79. October down 31 cents at $20.10. November down 17 cents at $21.00. December through February contracts 17 to 32 cents lower.
Dry whey down $0.0050 at $0.48. One trade was made at that price.
Blocks up $0.0350 at $1.75. One trade was made at that price.
Barrels down $0.01 at $1.85. Eight trades were made from $1.8475 to $1.87.
Butter down $0.0325 at $3.05.
Nonfat dry milk down $0.0050 at $1.5650. Two sales were made at that price.
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