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CME February Class III milk futures rose $0.11 to $18.32 on Thursday, with near-month contracts higher. Cash dairy prices were mostly lower, except cheese, while dry whey, nonfat dry milk and butter were down or unchanged.
Routine futures settlement commentary shows mixed dairy prices with milk futures firming modestly, a minor signal for dairy-derived feed ingredient pricing.
brownfieldagnews.comLarry LeeJan 26, 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.
