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Class III milk futures rose on technical buying and seasonally lower milk production, with August up 11 cents to $16.56. Cash blocks, barrels, butter and nonfat dry milk were mostly firmer on the day.
Lower summer milk output and firm cash prices support dairy product values for feed buyers, with modest upward pressure on milk returns.
brownfieldagnews.comJohn PerkinsJul 28, 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.
