On the Chicago Mercantile Exchange milk futures closed Tuesday mostly higher as optimism carries through midweek. June Class III milk down a penny at $17.19. July up 19 cents at $16.97. August up 40 cents at $17.22. September up 20 cents at $17.50. October through December contracts 10 to 17 cents higher.
On the spot market dry whey down $0.0150 at $0.5650. Blocks up $0.0275 at $1.5425. Barrels up $0.02 at $1.5050. Butter down $0.0025 at $1.7650. Fifteen trades were made from $1.76 to $1.7975. Nonfat dry milk down $0.01 at $1.27. Three trades were made at $1.2675 to $1.2725.
(T2, D1)
