Market News

Milk futures lower, cash dairy steady to lower Tuesday

May Class III milk futures on the Chicago Mercantile Exchange down 52 cents at $10.39.  June 75 lower at $11.16.  July through September contracts 62 to 75 cents lower.

Dry whey down $0.0050 at $0.3850.

Blocks steady at $1.0075.

Barrels unchanged at $1.0125.

Butter down $0.0150 at $1.1850.

Nonfat dry milk down $0.0050 at $0.8350.