At the Chicago Mercantile Exchange, Milk was up but the butter prices were down Monday. Class Three April milk was up $.01 at $14.42 a hundredweight. May was up $.10 to $14.80. June was up $.06 to 15.16. July was up $.04 to $15.74. The milk futures from August through next March closed between one and five cents higher.
Grade AA Butter was down $.0025 at $2.2850 per pound. Two carloads sold at that price. Barrels were unchanged at $1.46 per pound. Seven carloads sold at that price. 40-pound blocks were unchanged at $1.6050 per pound. No sales were recorded. Nonfat dry milk was unchanged at $.7325 per pound. Three carloads sold at that price. Dry whey was unchanged at $.3050 cents per pound. No sales were recorded.
