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Class III milk futures were mixed on the CME on Monday, with November up 4 cents to $16.83 and December up 13 cents to $15.40. Grade AA butter eased half a cent to $2.21, and nonfat dry milk closed down a cent at $0.7150.
Mixed trade with small moves and no new fundamental driver means little change in the outlook for dairy-based feed prices.
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.