Milk futures were mixed and the cash dairy markets were lower except for butter Tuesday on the Chicago Mercantile Exchange.
December was up $0.02 at $16.40. January was down $0.01 at $16.52. February was unchanged at $17.05. March Class III milk was up $0.05 at $17.71. April through October contracts ranged from unchanged in September and October to eight cents lower in April.
Dry whey was down $0.0050 at $0.3975. Two sales were recorded at $0.3975 and $0.40.
Forty-pound cheese blocks were down $0.01 at $1.59. One sale was recorded at that price.
Cheese barrels were down $0.0150 at $1.4950. No sales were recorded.
Butter was up $0.0125 at $2.53. Eight sales were recorded, ranging from $2.5150 to $2.53.
Nonfat dry milk was down $0.02 at $1.1725. One sale was recorded at that price.
