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Class III Futures Mostly Higher on Thursday in Chicago


At the Chicago Mercantile Exchange class III milk futures closed higher Thursday as traders buy back oversold positions. 2018 Class III markets lost two cents in November to $14.47 while December rose 11 cents to $14.17. 2019 Class III markets were green across the board showing gains from 1 to 12 cents depending on the month. The 2019 first half and second half average are now at $15.12 and $16.28, respectively. January 12 cents higher at $14.43. February up three cents at $14.71. March through next October contracts closed two to six cents higher.

Blocks closed unchanged at $1.36. Seven trades were made ranging from $1.35 to 41.36. Barrels were up $0.07 at $1.31. Two trades were made at that price. Dry whey closed down $0.0025 at $0.4250. One trade was made at $0.4275. Butter was up $0.0225 at $2.2225. Nonfat dry milk was down $0.0075 at $0.9025. Two trades were made at $0.9025 and $0.9050.


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