Milk futures on the Chicago Mercantile Exchange ended higher Tuesday supported by positive cash trade and improving global markets.
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December Class III milk up five cents at $21.83. January nine cents higher at $20.81. February down three cents at $20.49. March a dime higher at $20.50. April through June contracts four cents lower to two cents higher. Dry whey unchanged at $0.44. One sale was made at that price. Blocks up $0.0175 at $2.2250. Barrels unchanged at $2.0525. Three trades were made from $2.05 to $2.0550. Butter up $0.01 at $2.94. Nonfat dry milk up $0.0350 at $1.4650. Nine trades were made from $1.4375 to $1.4675. The Global Dairy Trade index in New Zealand turned positive this week, up 2.4 percent, the first time since the end ...
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