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Q2 Class III milk futures fell nearly 40 cents to $18.44, while Q2 Class IV dropped 8 cents to $19.65. Block cheese rose to $1.89, barrels slid to $1.555, and butter finished at $2.4575.
Lower Class III futures signal softer milk prices ahead, reducing dairy-linked feed demand, though the drop reflects routine trading rather than a new shock.
en.edairynews.comDamián MoraisFeb 17, 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.
