On the Chicago Mercantile Exchange milk futures traded in a narrow range, Tuesday stuck between a bearish cold storage report and improving cash markets. August Class III milk up a penny at $16.04. September down seven cents at $17.38. October a penny lower at $17.29. November also down a penny at $17.48. December through February contracts unchanged to a nickel higher.
On the spot markets dry whey unchanged at $0.52. Blocks up $0.01 at $1.7550. One sale was made at that price. Barrels unchanged at $1.4850. Butter up $0.0350 at $1.7150. Ten trades were made from $1.70 to $1.72. Nonfat dry milk up $0.01 at $1.27. One sale was made at that price.
(T2, D1)
