At the Chicago Mercantile Exchange Wednesday, the dairy markets were all down. Class Three milk for March was down $.04 at $14.13 a hundredweight. April was down $.13 at $14.02. May was down $.11 to $14.14. June was down $.14 at 14.63 Milk futures were also down for the next nine months except for November, which was unchanged.
Grade AA Butter was down $.0025 at $2.23 per pound. One carload sold at $2.2350. Barrels were down $.0050 at $1.51 per pound. Sixteen carloads of barrels sold with prices ranging from $1.51 to $1.5150. 40-pound blocks were down $.0425 at $1.56 per pound. One carload sold at that price. Nonfat dry milk was unchanged at $.6475 per pound. No sales were recorded.
The Chicago Mercantile Exchange will start posting cash dry whey market prices Monday.