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Milk Futures Sharply Down Cash Prices Mixed in Chicago Monday

At the Chicago Mercantile Exchange Monday, cash dairy prices were mixed and milk futures were sharply down again. Class Three June milk was down $.04 to $15.33. July was down $.24 at $15.19.  August was down $.36 to $15.56. September was down $.36 to $16.03. The milk futures from October through next May ranged from nineteen to twenty-six cents lower.

Grade AA Butter was down $.03 at $2.3225 per pound.  No sales were recorded. Barrels were down $.0550 at $1.3950 per pound.  Eight carloads sold from $1.3975 to $1.42.  Forty-pound blocks were unchanged at $1.5950 per pound.  No sales were recorded. Nonfat dry milk was down $$.0275 at $.76 per pound. One carload sold at $.7650. Dry whey was down $.01 at $.40 cents per pound.  No sales were recorded.

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