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Milk Futures Continue to Climb Higher


On the Chicago Mercantile Exchange milk futures continued higher Wednesday supported by strong exports and mostly higher cash trade. October Class III milk down six cents at $18.15. November three cents higher at $18.59. December up eight cents at $18.19. January four cents higher at $17.86. February through April contracts 10 to 19 cents higher.

On spot trade, dry whey up $0.0025 at $0.5925. Blocks unchanged at $1.8075. One sale was made at that price. Barrels down $0.0050 at $1.7875. Three trades were made at that price. Butter up $0.0075 at $1.6975. Eleven sales were made from $1.6975 to $1.7250. Nonfat dry milk up $0.0125 at $1.43. Eleven trades were made from $1.42 to $1.43.


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