Milk futures on the Chicago Mercantile Exchange closed mixed
in a narrow range Tuesday following the supply and demand report and mixed cash
trade.
October Class III milk down four cents at $17.89. November a
penny lower at $18.81. December up three cents at $18.36. January a penny
higher at $17.91. February through April contracts four cents lower to seven
higher.
Dry whey up $0.0050 at $0.60. Four sales were made at
$0.5975 and $0.60.
Blocks down $0.0125 at $1.7825.
Barrels down $0.0150 at $1.75.
Butter up $0.04 at $1.76. One trade was made at that price.
Nonfat dry milk down $0.0050 at $1.4550. Three trades were
made at that price.
--Brownfield AgNews