CME Blocks Increase to Their Highest Level Since December

Posted by Brian Gould Thu, 13 Aug 2009 11:37:00 GMT

The CME spot block price increased to $1.3325, a gain of 2.25¢ and the highest price since December 18. The spot barrel price increased 1¢ to $1.30. The spot butter price remained unchanged while Grade A nonfat dry milk increased 0.50¢ to close at $1.00.