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Dairy markets were mostly lower at the CME on Friday, with Class III milk for March unchanged and April and May down modestly. Butter was the only product to gain, while barrels, blocks, NDM and dry whey were flat to slightly lower.
A routine end-of-week wrap with small moves and no new cause, so the price implication for feed demand is minimal.
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.