On the Chicago Mercantile Exchange milk futures fell sharply and cash dairy prices were down Monday. January Class III milk was unchanged at $17.04. February was down $.67 at $17.33. March was down $.57 at $17.68. April was down $.48 at 17.52. The milk futures from May through next December ranged from seventeen to forty cents lower.
Dry whey was unchanged at $.3650 cents per pound. No sales were recorded. Forty-pound blocks were down $.0625 at $1.9325 per pound. There were no sales recorded. Barrels were unchanged at $1.61 per pound. One sale was made at that price. Grade AA Butter was down $.0400 at $1.82 per pound. Four sales were recorded from $1.8175 to $1.8475. Nonfat dry milk was down $.0075 at $1.28 per pound. No sales were recorded.
