At the Chicago Mercantile Exchange, Class III milk futures closed higher in the nearby contracts, and lower further out.
October milk gained four cents, closing at $15.94. November down seven at $16.29. The December contract was down six cents Tuesday at $16.13. The January through March contracts were down four to seven cents.
In the cash trade, barrels were down $0.0350 at $1.3850. Three trades ranging from $1.3850 to $1.4225.
Continue reading Milk futures mostly lower, cash dairy mixed Tuesday at Brownfield Ag News.