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Chicago Mercantile Exchange milk futures closed lower on Monday, with August Class III at $17.61 and September at $17.94. Cash dairy markets were mixed, with dry whey, butter and blocks mostly steady or slightly lower and nonfat dry milk slightly higher.
A routine daily price move with small changes in futures and cash markets gives little new signal on dairy-feed demand.
brownfieldagnews.comNicole HeslipJul 29, 2019Not 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.
