At the Chicago Mercantile Exchange, Class III milk futures closed higher Tuesday supported by strong international markets and export demand. May milk closed a penny higher at $15.25. June milk was up $0.03 at $16.10. July milk up $0.09 at $16.36. August closed a dime higher at $16.69. September through next April contracts closed six to 15 cents higher.
Grade AA Butter closed up $0.0425 at $2.3825. Twenty-four loads sold ranging from $2.3725 to $2.3825. Barrels were unchanged at $1.60. 40 pound blocks were unchanged at $1.64. Nonfat dry milk closed unchanged at $0.8475. Three trades were made, two at $0.8450 and one at $0.8475. Dry whey was unchanged at $0.33.
