Milk futures on the Chicago Mercantile Exchange closed lower Tuesday despite strength in the cash prices as trade tensions with China weigh on markets.
May Class III milk down a nickel at
$16.45. June down seven cents at $16.55. July 11 cents lower at
$16.69. August down a dime at $16.99.
September through January contracts were one to eight cents lower.
Dry whey unchanged at $0.3475.
Blocks up $0.0075 at $1.7075. Seven trades were made ranging from $1.6975
to $1.7075.
Continue reading Milk futures lower, cash dairy higher at Brownfield Ag News.
