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Trader Optimism Lifts Markets in Chicago Wednesday


On the Chicago Mercantile Exchange milk futures closed higher at midweek as trader optimism lifted markets. October Class III milk up a nickel at $17.96. November a dime higher at $19.32. December up nine cents at $19.05. January up eight cents at $18.33. February through April contracts seven to nine cents higher.

In spot trade,  butter was up $0.0275 at $1.80. Five trades were made from $1.80 to $1.81. Nonfat dry milk was down $0.01 at $1.52. Two trades were made at $1.51 to $1.52. Dry whey was unchanged at $0.60. Blocks unchanged at $1.75. Barrels unchanged at $1.81.

 


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