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Milk futures higher, cash dairy mostly lower

Milk futures on the Chicago Mercantile Exchange turned around in a typically Tuesday fashion as traders took back oversold positions while cash trade was mostly lower despite strong butter movement.

October Class III milk up 47 cents at $21.29. November increased 20 cents to $20.50. December up 12 cents at $20.29. January 15 cents higher at $20.23. February through April contracts one to 10 cents lower.

Dry whey down $0.0075 at $0.4450.

Milk futures higher, cash dairy mostly lower

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