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Class III milk futures on the CME rose on follow-through buying, with October up 15 cents to $16.17 and November up 30 cents to $16.25. Cash cheese blocks gained 2 cents to $1.6125 and butter fell 2.5 cents to $2.4475.
Higher cheese and futures prices support milk values, but butter weakness and firm Midwest milk supplies limit the gain. The move is routine market action.
brownfieldagnews.comJohn PerkinsSep 22, 2017Not 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.
