On the Chicago Mercantile Exchange milk futures ended mixed Tuesday with turnaround trade and mixed cash markets. Class III milk futures were lower on the day. February decreased 11 cents to $20.69/cwt. March milk slide 26 cents to $21.67. 2022 class IV milk futures were higher on the day. March did not trade on the day. April traded just 9 times to $23.76/cwt. June and July traded around 50 times each.
In the CME spot dairy auction, dry whey up $0.01 at $0.8675. Two sales were made at $0.8650 and $0.8675. Blocks unchanged at $1.90. Barrels down $0.02 at $1.89. Two trades were made at $1.89 and $1.9125. Butter down $0.01 at $2.5075. Five trades were made from $2.49 to $2.2575. Nonfat dry milk down $0.0025 at $1.8425. Three trades were made at $1.8425 and $1.8450.
