At the Chicago Mercantile Exchange Tuesday, cash dairy markets were lower and milk futures sharply lower as prices fell for a fourth straight trading session. Class Three June milk was down $.12 to $15.26. July was down $.29 to $15.73. August was down $.37 to $16.28. September was down $.33 to $16.53. The milk futures from October through next May ranged from two to twenty-eight cents lower.
Grade AA Butter was down $.0150 to $2.3625 per pound. Six carloads sold from $2.36 to $2.3625. Barrels were down $.0150 to $1.5050 per pound. Four carloads were sold from $1.50 to $1.5050. Forty-pound blocks were down $.0175 at $1.5750 per pound. Thirteen carloads sold from $1.5725 to $1.5750. Nonfat dry milk was down $.0050 at $.81 per pound. Three carloads sold at that price. Dry whey was up $.0025 at $.4025 cents per pound. One carload sold at that price.
