Milk futures on the Chicago Mercantile Exchange closed higher Tuesday following strong cheese demand while cash markets were mixed.
July Class III milk up three cents at $13.86. August 49 cents higher at $15.80. September up 39 cents at $16.50. October 29 cents higher at $17.30. November through January contracts 10 to 28 higher.
Dry whey down $0.01 at $0.24. Fourteen sales were made from $0.24 to $0.2475.
Blocks up $0.09 at $1.5850. Four trades were made at $1.5050 and $1.5850.
Barrels up $0.05 at $1.4575. Four sales were made from $1.42 to $1.4575.
Butter unchanged at $2.56.
Nonfat dry milk down $0.0150 at $1.10.
(T1, D1)