On the Chicago Mercantile Exchange, milk futures were down while cash dairy prices were stable to lower Tuesday.
May Class III milk was $0.29 lower at $16.50. June’s price went down $0.34 to $17.25. July was $0.20 lower at $18.02. August was $0.15 lower at $18.72. Contracts from September through March varied from constant in January and February to seventeen cents lower in September.
The price of dry whey remained steady at $0.3325. There were no sales registered.
Cheese blocks down $0.0175 to $1.6625. At that price, one sale was recorded.
Cheese barrels fell $0.0550 to $1.4750. There were fifteen transactions, with prices ranging from $1.4750 to $1.5175.
The price of butter stayed steady at $2.40. There were no sales registered.
The price of nonfat dry milk remained steady at $1.1650. There were no sales registered.
