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Dairy Markets Down in Chicago Thursday

At the Chicago Mercantile Exchange Thursday, the dairy markets were down.  Class Three milk for April was down $.08 at $14.38 a hundredweight.  May was down $.06 to $14.58. June was down $.08 to 14.92. July was down $.03 to $15.49.  August was up $.02 to $15.84, but the milk futures from September through January were all down from one to four cents and slightly up next February and March.

Grade AA Butter lost much of Wednesday’s $.0950 gain, falling $.0475 to $2.2875 per pound. Thirteen carloads were sold with prices ranging from $2.29 to $2.2975. Barrels were down $.0025 at $1.4475 per pound. Two carloads sold at that price. 40-pound blocks were up $.0050 at $1.5575 per pound.   No sales were recorded. Nonfat dry milk was up $.0125 at $.72 per pound.  Two carloads sold at $.7175 and $.72 per pound. Dry whey was up $.0050 at $.2850 cents per pound.  One carload sold at that price.

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