The dairy markets started the week mostly down at the Chicago Mercantile Exchange. Class Three milk for March was down $.01 at $14.18 a hundredweight. April was down $.13 at $13.90. May was down $.11 to $14.05. June was down $.05 at 14.64. Milk futures were down for every month through November, and up or unchanged after that.
Grade AA Butter was unchanged at $2.2050 per pound. No sales were recorded. Barrels were up $.0025 at $1.50 per pound. Eight carloads sold with prices between $1.50 and $1.5050. 40-pound blocks were down $.02 at $1.55 per pound. Four carloads of blocks sold with prices between $1.55 and $1.5675. Nonfat dry milk was up $.0075 at $.6925 per pound. One carload sold at that price.
Dry whey debuted on the CME cash market Monday with a closing price of $.26 cents per pound. No sales were recorded.
