Market News

Milk futures higher, cash dairy mostly higher Tuesday

June Class III milk futures on the Chicago Mercantile Exchange up 62 cents at $17.28.  July 57 higher at $16.82.  August through October contracts 15 to 21 higher.

Dry whey down $0.01 at $0.3625.  Five trades were made, with a range of $0.3625 to $0.37.

Blocks up $0.0350 at $1.85. 

Barrels $0.0450 higher at $1.7825.  Five trades made, ranging $1.7750 to $1.7825.

Butter steady at $1.6050. 

Nonfat dry milk up $0.0450 at $0.9850.  Five trades, with a range of $0.96 to $0.9850.