Market News

Milk futures lower, cash dairy mixed Tuesday

December Class III milk futures on the Chicago Mercantile Exchange down a penny at $18.51.  January 3 cents lower at $18.22.  February down six at $18.55.  March through May milk futures steady to 8 cents lower.

Dry whey down $0.0025 at $0.7250

Barrels up $0.0450 at $1.65

Blocks up $0.0325 at $1.67

Butter up $0.0275 at $2.5225

Nonfat dry milk down $0.02 at $1.3750