On the Chicago Mercantile Exchange milk futures turned around in a typical Tuesday fashion despite global market strength, cash trade was mixed. November Class III milk 37 cents lower at $18.31. December down 37 cents at $18.25. January down 16 cents at $18.40. February 11 cents lower at $18.46. March through May contracts two to eight cents lower.
In spot trade dry whey up $0.0150 at $0.6450. One trade was made at that price. Blocks unchanged at $1.6750. Barrels down $0.0925 at $1.66. One trade was made at that price. Butter up $0.03 at $1.98. Four trades were made at $1.98 and $1.9850. Nonfat dry milk up $0.01 at $1.5650
(T2, D1)
