On the Chicago Mercantile Exchange milk futures closed mostly lower Tuesday pressured by lower cheese markets. November Class III milk three cents lower at $17.97. December down 28 cents at $17.21. January down 14 cents at $17.98. February a dime lower at $18.46. March through May contracts one to seven cents higher.
On spot trade dry whey up $0.01 at $0.6850. One trade was made at that price. Blocks down $0.04 at $1.66. Barrels down $0.0575 at $1.46. Butter unchanged at $1.95. Nonfat dry milk unchanged at $1.5450.
