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Dairy Markets Down Wednesday in Chicago

At the Chicago Mercantile Exchange, dairy markets were down Wednesday.  Class Three May milk was unchanged at $15.24 a hundredweight. June was down $.09 to $15.75. July was down $.01 to $16.45.  August was down $.03 to $16.80. The milk futures from September through next April ranged from zero to eleven cents lower.

Grade AA Butter was down $.0650 at $2.3850 per pound.  Seven carloads sold from $2.3850 to $2.40. Barrels were down $.0150 at $1.55 per pound.  Seven carloads of barrels sold at $1.54 and $1.55. 40-pound blocks were down $.0025 to  $1.6375 per pound. Eight carloads sold from $1.58 to $1.63. Nonfat dry milk was down $.0150 to $.84 per pound. Five carloads sold from $.8350 to $.8450. Dry whey was down $.0125 to $.36 cents per pound.  One carload sold at that price.

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