Milk futures mostly lower, cash dairy mixed Tuesday

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.