Milk futures and the cash dairy markets were lower Tuesday on the Chicago Mercantile Exchange.
November Class III milk was down $0.11 at $17.06. December was down $0.24 at $16.87. January was down $0.16 at $17.04. February was down $0.15 at $17.56. March through September contracts ranged from unchanged in May and June to fifteen cents lower in April.
Dry whey was unchanged at $0.3850. One sale was recorded at $0.3825.
Forty-pound cheese blocks were down $0.0025 at $1.6975. No sales were recorded.
Cheese barrels were down $0.0350 at $1.5450. Seven sales were recorded, ranging from $1.5450 to $1.5725.
Butter was down $0.1125 at $2.8975. Twelve sales were recorded, ranging from $2.89 to $2.93.
Nonfat dry milk was down $0.0050 at $1.17. One sale was recorded at that price.
