On the Chicago Mercantile Exchange milk futures closed higher Tuesday supported by a positive supply and demand report. November Class III milk seven cents higher at $18.12. December up 43 cents at $18.11. January up 38 cents at $18.45. February 18 cents higher at $18.55. March through May contracts 17 to 22 cents higher.
On spot trade blocks up $0.0625 at $1.7150. Two trades were made at $1.6575 and $1.7150. Barrels up $0.0175 at $1.54. Eight trades were made from $1.5125 to $1.5150. Butter unchanged at $1.9650. Nonfat dry milk unchanged at $1.57. Nine trades were made from $1.5650 to $1.57. Dry whey unchanged at $0.66.
(T4, D1)
