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CME Class III milk futures were mostly higher on March 27, 2019, with the March contract at $15.06 and April at $15.63. Cash dry whey, blocks, butter and nonfat dry milk were mixed to lower, and the USDA dairy price index rose 1.2% in February.
Routine futures and cash commentary with small moves and no new cause; cash weakness in butter and powder keeps the complex under pressure.
brownfieldagnews.comNicole HeslipMar 25, 2019brownfieldagnews.comNicole HeslipMar 27, 2019brownfieldagnews.comNicole HeslipMar 28, 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.
