Market News

Milk futures higher, cash dairy mixed Tuesday

June Class III milk futures on the Chicago Mercantile Exchange up 49 cents to $17.52.  July 42 higher at $16.86.  August through October contracts 33 to 39 cents higher.

Dry whey down $0.0225 at $0.34.  Six trades were made, with a range of $0.34 to $0.3550.

Blocks up $0.0250 at $1.9625. 

Barrels $0.02 higher at $1.91.  Four trades made, ranging $1.89 to $1.91.

Butter down $0.0125 at $1.58.  Three trades, with a range of $1.58 to $1.5875.

Nonfat dry milk up $0.0125 at $1.0250.  Two trades were made at $1.0150 and $1.0250.