Milk futures on the Chicago Mercantile Exchange took a dive Tuesday pressured by lower cash trade and expectations for bearish USDA reports.

February Class III milk down three cents at $15.64.  March down 50 cents at $15.86.  April 37 cents lower at $16.45.  May 26 cents higher at $17.04.  June through August contracts three to 20 cents lower.

Dry whey unchanged at $0.5475. 

Blocks unchanged at $1.57.  Two sales were made at $1.57 and $1.5775.

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