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St Patrick’s day unlucky for Milk Markets in Chicago Tuesday


On the Chicago Mercantile Exchange Dairy Markets Unlucky, Class IV Taking the Hardest Hit. Class III milk was not a pot of gold and continued its trend downward today.  April milk lost 1 penny to $15.99 per cwt.  May milk fell 17 cents to $15.42 per cwt.  July-December milk dropped 16-30 cents and is now averaging $16.24 per cwt. Class IV milk was absolutely shamrocked today.  April milk lost 36 cents to $14.10 per cwt.  May fell 50 cents to $13.91 per cwt.  July-December milk was hit hard, dropping 35-57 cents per cwt and is now averaging $15.02 per cwt. 

Dry whey unchanged at $0.3250.  Blocks steady at $1.8725.  Barrels unchanged at $1.50. Butter down $0.325 at $1.74.  Five trades were made, ranging from $1.7350 to $1.75. Nonfat dry milk down $0.02 at $1.0050.  Ten trades made, with a range of $0.9950 to $1.0050.


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