Milk futures on the Chicago Mercantile Exchange closed lower Tuesday while global markets and cash trades were higher.

September Class III milk down eight cents at $16.33.  October 56 cents lower at $18.67.  November 29 cents lower at $17.36.  December down 20 cents at $16.52.  January through March contracts eight to 14 cents lower.

Dry whey unchanged at $0.3475.  

Blocks unchanged at $2.2150. 

Barrels unchanged at $1.60. 

Butter up $0.0150 at $1.5050.  Forty-seven trades were made ranging from $1.4925 to $1.5125. 

Nonfat dry milk up $0.02 at $1.06.  Nine trades were made ranging from $1.05 to $1.06.

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