Milk futures on the Chicago Mercantile Exchange were mixed Tuesday as nearby markets took on a negative tone and further out 2022 contracts show optimism.

January Class III milk down five cents at $20.23. February 46 cents lower at $21.62. March a nickel higher at $22.48. April up 19 cents at $21.79. May through July 15 to 20 cents higher.

Dry whey up $0.01 at $0.78. One sale was made at that price.

Blocks down $0.04 at $1.88. Four sales were made from $1.8750 to $1.91.

Barrels down $0.0050 at $1.96.

Butter up $0.0550 at $2.78. Four trades were made from $2.7250 to $2.7725.

Nonfat dry milk up $0.0350 at $1.85. Three sales were made at that price.

The Global Dairy Trade index in New Zealand on Tuesday posted the largest gain in recent months, up 4.6 percent. Whole milk powder led the way during the event, up 5.6 percent, followed by skim milk powder and butter, both up five percent.

--Brownfield AgNews