general summary the class iii price was up 5 17 to 19 66 in april and 10 25 from last iv 47 14 57 4 84 milk production an estimated billion pounds all 50 states down 1 2 year total cheese march 6 a ago s end of month inventories were as may 21 blocks 36 report 80 per pound barrels 53 61 butter prices 7 06 on 22 storage 41 component reported announced at hundredweight 2003 increase breaks follows higher 46 whey