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Milk futures mixed Thursday at CME


At the Chicago Mercantile Exchange, Class III milk futures closed mixed Thursday supported slightly by strong international markets and export demand. The USDA reports bi-weekly whole and skim milk powder, cheddar cheese and butter prices are improving in both Western Europe and Oceania regions. May milk closed down a nickel at $15.19. June milk was a penny higher at $15.76. July milk down $0.03 at $16.42. August closed down a penny at $16.79. September through next April contracts closed four cents lower to unchanged.

Grade AA Butter closed up $0.0175 at $2.4025. Eight loads sold ranging from $2.3850 to $2.4025. Blocks were down $0.0050 at $1.6210. Barrels were unchanged at $1.55. Seven trades were made ranging from $1.5475 to $1.55. Nonfat dry milk closed up $0.0025 at $0.8425. Five trades were made ranging from $0.8375 to $0.8450. Dry whey was a penny higher at $0.37.


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