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Dairy Markets Down in Chicago

At the Chicago Mercantile Exchange, Dairy prices were mostly down Wednesday.  Class Three April milk was up $.01 at $14.53 a hundredweight.  May was down $.11 at $15.02. June was down $.05 to 15.50. July was down $.03 to $15.96.  The milk futures from August through next March ranged from zero to three cents lower.

Grade AA Butter was unchanged at $2.3750 per pound.  Fourteen carloads traded with prices between $2.3750 and $2.38. Barrels were down $.0050 to $1.4825 per pound.  Nine carloads sold with prices between $1.4825 and $1.4875.  40-pound blocks were down $0175 to $1.61 per pound.   One carload sold at $1.5850. Nonfat dry milk was unchanged at $.82 per pound.  Twenty-seven carloads sold at that price. Dry whey was down $.0075 at $.3075 cents per pound.  No sales were recorded.

(T1, D1)
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