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CME milk futures finished mostly higher on Friday after a week of declines, with July Class III up $0.09 at $14.18. Cash cheese blocks rose to $1.3350 while cheese barrels fell to $1.3450, and butter held at $2.44.
Routine daily price commentary with small moves; no new fundamental cause, so the market signal for feed buyers is limited to continued weak dairy margins.
brownfieldagnews.comLarry LeeJun 29, 2023brownfieldagnews.comLarry LeeJun 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.
