At the Chicago Mercantile Exchange, dairy markets were lower Wednesday. Class Three May milk was unchanged at $15.25 a hundredweight. June was down $.10 to $16.02. July was down $.04 to $16.32. August was down $.03 to $16.66. The milk futures from September through next April ranged from zero to thirteen cents higher.
Grade AA Butter was down $.0025 at $2.38 per pound. No sales were recorded. Barrels were down $.02 at $1.58 per pound. Nine carloads of barrels sold with prices from $1.58 to $1.60. 40-pound blocks were down $.04 to $1.60 per pound. Four carloads sold from $1.59 to $1.6150. Nonfat dry milk was unchanged at $.8475 per pound. No sales were recorded. Dry whey was up $.01 to $.34 cents per pound. No sales were recorded.
(T11, D1)
