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May Class III milk futures fell 14 cents to $17.32 on the CME on Friday, while June was unchanged at $18.01. Spot cheese blocks rose half a cent to $1.75 and butter rose to $2.40.
Mixed futures and firmer spot cash prices reflect routine trading, with no new supply or demand shock for dairy feed ingredients.
brownfieldagnews.comLarry LeeApr 21, 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.
