)n the Chicago Mercantile Exchange July Class III milk futures down 19 cents at $24.43. August 14 lower at $24.51. September down 18 at $24.40. October through December futures unchanged to 23 cents lower. The Class //IV market was 30-50 cents lower on Monday. Barrels were down 2.25 cents/lb, blocks lost 3.75 cents, butter declined 4.5 cents, and whey fell 2.75 cents.
Dry whey down $0.0275 at $0.5150. Blocks down $0.0375 at $2.2175. Two trades were made at $2.2175 and $2.23. Barrels down $0.0225 at $2.22. Three trades were made, ranging from $2.21 to $2.22. Butter down $0.0450 at $2.93. Two trades at $2.9225 and $2.93. Nonfat dry milk unchanged at $1.8550.
