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Milk futures were mixed on the Chicago Mercantile Exchange, with September Class III at $18.87 per cwt. Cash dairy markets were steady to lower with little trading.
Cheese blocks were at $1.9925 and butter at $2.62.
Routine price moves with no new cause; cash dairy weakness mildly points to softer milk values in the short term.
brownfieldagnews.comLarry LeeAug 30, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
