With no trading activity on the Chicago Mercantile Exchange on Tuesday, milk futures and cash dairy prices were lower.
April Class III milk was $18.99, a $0.03 decrease. May was $0.07 lower at $18.44. June was $18.50, a $0.14 decrease. July was $0.08 lower at $18.95. Contracts from August to February ranged from unchanged in December and January to sixteen cents lower in October.
The price of dry whey remained unchanged at $0.4475. There were no sales recorded.
At $1.9850, cheese blocks were down $0.0050. There were no sales recorded.
The price of cheese barrels remained unchanged at $1.9525. There were no sales recorded.
Butter was trading at $2.4050, down $0.0050. There were no sales recorded.
Nonfat dry milk fell $0.0125 to $1.1550. There were no sales recorded.
