Milk futures were lower and cash dairy prices were steady to lower Tuesday on the Chicago Mercantile Exchange.
May Class III milk was down $0.06 at $16.40. June was down $0.16 at $16.88. July was down $0.05 at $17.65. August was down $0.05 at $18.45. September through April contracts ranged from unchanged in January, February, and March to four cents lower in September.
Dry whey was down $0.0150 at $0.3125. Nineteen sales were recorded from $0.31 to $0.32.
