At the Chicago Mercantile Exchange Milk futures closed mixed Tuesday with sluggish cash trade. February traded a penny higher to $14.00 per cwt. March jumped 16 cents to $14.88 per cwt. Over the last six sessions April grew 10 cents to $14.85 and the remaining months ranged from even to 7 cents higher. Class IV milk had February milk a penny lower at $15.92 per cwt. March and onward ranged from a penny lower to 11 cents higher in September.
Dry whey down $0.0050 at $0.35. Eight trades were made ranging from $0.35 to $0.3550. Blocks unchanged at $1.56. Barrels up $0.01 at $1.4125. Butter down $0.0150 at $2.2550. Nonfat dry milk up $0.0025 at $1.00.
