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Dairy markets down to end the week

Dairy markets ended the week down on the Chicago Mercantile Exchange Friday.

December Class III milk futures finished the day down $.01 at  $15.50.

 After a couple of days with nice gains, January milk was down $.30 closing at $14.40.  February also lost this week’s gains, closing down $.28 at $14.22.  March was down $.20 closing at $14.32.  The rest of the 2018 milk futures were all down except October, which was up a penny.

Grade AA Butter finished the week down $.015 at $2.245.  There were no sales of butter on the CME Friday.

Barrels were down $.01 closing at $1.66.  Fifteen carloads of barrels traded between $1.66 and $1.6675.

40-pound blocks were unchanged at $1.53.

Nonfat dry milk continued its record downward slide, closing down $.0075 at $.6575.  There were no sales Friday.

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