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CME milk futures and cash dairy prices were mostly higher on Friday, July 29, 2022. July Class III milk slipped to $22.52 while August closed at $20.41, and cheese blocks and butter edged up.
Routine price moves in dairy futures with no new cause; buyers of dairy-based feed ingredients see little change in the near-term outlook.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.