On the Chicago Mercantile Exchange milk futures were higher Tuesday supported by cash markets. Class III milk prices turned in a solid round of trade on Tuesday. 2019 prices settled 6-13 cents higher while 202 prices grew in single digit values out through October. Class IV saw little change as September lost 6 cents and February was up 2.
Dry whey unchanged at $0.34. Blocks up $0.0075 at $1.8675. Two trades were made at $1.86 and $1.8625. Barrels up $0.02 at $1.71. Six trades were made ranging from $1.70 to $1.71. Butter up $0.0025 at $2.35. Four trades were made ranging from $2.3450 to $2.3550. Nonfat dry milk up $0.0050 at $1.0225. Four trades were made ranging from $1.02 to $1.0225.
