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Milk Futures Mixed, Cash Dairy Higher

Class III milk futures at the Chicago Mercantile Exchange closed mostly lower Tuesday as trade uncertainties continue to weigh on the market.

July milk closed up two cents at $14.18.  August milk was eight cents higher at $14.60. September milk down a penny at $15.05.  October closed down two cents at $15.33.  November through next June contracts closed a nickel lower to a penny higher.

Grade AA Butter closed up $0.0250 at $2.2250. Three loads sold ranging from $2.2125 to $2.2250.

Blocks were unchanged at $1.5425.

Barrels closed up $0.0750 at $1.3375. Eight trades were made ranging from $1.2825 to $1.3370.

Nonfat dry milk was unchanged at $0.7725.

Dry whey closed $0.0075 higher at $0.4050.

 
--Brownfield AgNews