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Class III milk price movement was essentially a nonevent on Monday.
CME spot values stayed steady to higher across all five products.
Wednesday continues a very quiet week in commodities. Everyone seems to have left on spring break.
The Class III milk market has seen quietness as of late.
The CME spot dairy auction ended Tuesday’s session in a slightly negative manner.
Class III milk futures maintained a tight range throughout the course of the trading day.
The American Rescue Plan act was announced by the USDA Wednesday.
Class IV milk has awakened to start the month of March.
The CME spot dairy auction turned in an even to stronger session to kick off this week.
A mixed day Friday to finish a mixed week in the Dairy Markets.
Butter inventories came in at 328 million lbs. in January, up 55 million from December.
The CME spot dairy auction kicked off this week in a mixed fashion.
A softer CME spot dairy auction led to a step back in milk price on Thursday.
Markets took a bit of a nap following a day off for President’s Day.
After trading limit up during Thursday’s trading session, Class III prices on Friday took back some of those gains.