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Milk futures on the CME rose after USDA's Prospective Plantings and Grain Stocks reports were released, with April Class III up 43 cents to $17.60. Cash dairy was mixed, with blocks slightly lower and butter down half a cent, while barrels and nonfat dry milk edged higher.
The USDA report release triggered a rally in forward Class III contracts, which signals stronger expected milk revenue. Mixed cash prices suggest the futures move is partly speculative.
brownfieldagnews.comNicole Heslip2021/03/31brownfieldagnews.comNicole Heslip2021/03/30過去の強気なレポートイベント237件の後、牛乳(クラスIII) は5営業日で中央値 +0.0% 動き（51% が上昇。中央50%は -0.3% から +0.6%）、20営業日では +1.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Same-day CME report: April Class III futures rose 43 cents to $17.60 after USDA's Prospective Plantings and Grain Stocks reports, which directly links the move to futures price action and grain-driven sentiment.
Class III futures rose after USDA's Prospective Plantings and Grain Stocks reports, adding to upward momentum and reflecting feed-cost and sentiment effects just before the large move.
