Explore the recent changes in CME dairy prices: Butter and nonfat dry milk see gains, while barrel prices decline. What do these fluctuations mean for your market approach? Learn more now.
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Cash dairy prices closed in mixed activity Thursday on the Chicago Mercantile Exchange. Dry whey remained unchanged at $0.3950. Blocks saw an increase of $0.0250, closing at $1.8650, with five sales recorded from $1.85 to $1.8650. Barrels experienced a decline of $0.0325, settling at $1.9975, with four trades ranging from $1.9975 to $2.03. Butter rose by $0.01, reaching $3.1225. Nonfat dry milk advanced by $0.0150, closing at $1.1875, with four trades logged between $1.1850 and $1.1875.