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Milk futures were lower on the Chicago Mercantile Exchange, with September Class III down $0.07 at $18.87. Cash dairy markets were mostly steady on light trading.
Cheese and butter prices were unchanged.
Small futures decline with thin trade reflects no new supply or demand shift. Dairy feed buyers see little change in milk price direction.
1230kfjb.comAshley AndersonAug 29, 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.
