On the Chicago Mercantile Exchange milk futures traded mixed Tuesday following the direction of cash markets. June milk lost a dime to $17.05/cwt. July slid 18 cents to $17.44/cwt. August milk declined slightly with September and October finishing in green. Class IV milk was higher on the strength of nonfat milk and butter.
In the CME Cash Dairy Product Trade Dry whey up $0.01 at $0.6050. Two sales were made at $0.60 and $0.6050. Blocks down $0.01 at $1.4650. Eight sales were made from $1.4650 to $1.4725. Barrels down $0.0075 at $1.5775. Four trades were made from $1.5650 to $1.5775. Butter unchanged at $1.77. Nonfat dry milk up $0.03 at $1.30. Two sales were made at that price.