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Milk Futures Higher, Cash Dairy Mixed

Milk futures on the Chicago Mercantile Exchange were mostly higher while cash trade was mostly lower Tuesday.

August Class III milk down four cents to $19.39.  September 11 cents higher at $16.35.  October 18 cents higher at $16.72.  November up 14 cents at $16.65.  December through February contracts five to 11 cents higher.

Dry whey down $0.0050 at $0.31.  Two trades were made at that price.

Blocks down $0.05 at $1.58.  Three trades were made ranging from $1.58 to $1.6075. 

Barrels down $0.03 at $1.4450.  Three trades were made ranging from $1.4450 to $1.48.

Butter up $0.0450 at $1.5225.  Two trades were made at $1.5225 and $1.5250.

Nonfat dry milk down $0.0025 at $0.94.  Six trades were made at $0.9375 and $0.94.

 
--Brownfield AgNews