Milk futures on the Chicago Mercantile Exchange reversed lower Tuesday as traders corrected overbought positions and cash markets were mixed.

October Class III milk down a penny at $21.62.  November 39 cents lower at $22.37.  December down 76 cents at $20.23.  January 44 cents lower at $18.15.  February through April contracts 11 to 16 cents lower.

Dry whey up $0.0050 at $0.3950. 

Blocks unchanged at $2.7725. 

Barrels down $0.0025 at $2.4525. 

Butter up $0.0325 at $1.4075.  Six trades were made ranging from $1.4075 to $1.4375. 

Nonfat dry milk down $0.0150 at $1.0775.  Six trades were made ranging from $1.0725 to $1.0825.

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