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Milk Futures, Cash Dairy Trade Mixed

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