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Class III milk futures closed higher on Wednesday, supported by the cash market, with November at $14.57 and December at $14.90. Cash block cheese, butter and dry whey rose, and EU weekly dairy prices were mixed.
Firmer cash dairy and futures values lift the Class III benchmark, marginally improving dairy margins for producers and the outlook for dairy feed purchases.
brownfieldagnews.comNicole HeslipNov 14, 2018Not 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.
