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CME Class III milk futures rose on Thursday, with January up 52 cents to $19.25 and February up 29 cents. Cheese blocks gained 4.5 cents to $2.0725 and butter was unchanged at $2.4750.
Stronger cheese and milk futures signal modestly firmer dairy prices, a routine market move with no new fundamental driver.
brownfieldagnews.comLarry LeeDec 22, 2022Not 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.
