On continued pressure in the spot market, Class III milk futures at the Chicago Mercantile Exchange closed lower Tuesday. January milk was down $0.05 closing at $13.80. February was $0.06 lower at $13.80. March closed $0.12 lower to $13.19. April milk was down $0.11 at $13.53.
Butter was $.01 lower at $2.18. One load was sold at $2.17. Barrels were down $.0250 to $1.55. Three loads were sold, ranging from $1.30 to $1.3025. 40 # blocks were $.0350 lower at $1.450. Three loads were sold, including two at $1.47 and one at $1.4550. Nonfat dry milk was $.0075 lower at $0.67. Seven loads were sold ranging from $0.6675 to $0.06750.
