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Class III milk futures were mixed on the CME, with August down two cents at $17.62 and September up eight cents at $17.85. Cash blocks eased while barrels and butter edged higher, and USDA reported cheese demand strong as schools increase purchases.
Mixed dairy markets with firm cheese demand keep milk prices supported, sustaining dairy producer feed buying capacity.
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.