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Milk Futures Closed Higher in Chicago Tuesday


At the Chicago Mercantile Exchange, Class III milk futures closed higher Tuesday supported by strong international markets and export demand. May milk closed a penny higher at $15.25.  June milk was up $0.03 at $16.10. July milk up $0.09 at $16.36.  August closed a dime higher at $16.69.  September through next April contracts closed six to 15 cents higher.

Grade AA Butter closed up $0.0425 at $2.3825. Twenty-four loads sold ranging from $2.3725 to $2.3825. Barrels were unchanged at $1.60. 40 pound blocks were unchanged at $1.64. Nonfat dry milk closed unchanged at $0.8475. Three trades were made, two at $0.8450 and one at $0.8475. Dry whey was unchanged at $0.33.


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