At the Chicago Mercantile Exchange Monday, milk futures were down and cash cheese flat. Class Three June milk was down $.04 to $15.43. July was down $.14 at $15.90. August was down $.10 to $16.52. September was down $.10 to $16.81. The milk futures from October through next May ranged from seven to twelve cents lower.
Grade AA Butter was unchanged at $2.39 per pound. No sales were recorded. Barrels were unchanged at $1.5650 per pound. No sales were recorded. Forty-pound blocks were unchanged at $1.6350 per pound. No sales were recorded. Nonfat dry milk was down $.0125 at $.7925 per pound. Four carloads sold from $.7925 to $.80. Dry whey was up $.0050 at $.4175 cents per pound. One sale was made at that price.
