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Class III milk futures for December rose 4 cents to $15.25 on the CME, while January fell 7 cents to $14.39 and February fell 10 cents. Grade AA butter closed down slightly at $2.185 and blocks rose 6 cents to $1.61.
Mixed moves across the futures curve signal no clear directional trend in milk, so dairy feed demand expectations stay balanced.
thebullvine.comNov 29, 2017Not 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.
