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Friday morning dairy market update reports Class III and IV futures mixed, with butter futures lower and cheese prices falling sharply on Thursday. Grain futures were opening higher, with corn, soybeans, soymeal and wheat all up.
Weak cheese and spot demand point to softer dairy prices, while higher grain futures raise feed cost pressure for dairy operations.
keyagdairydiary.blogspot.comJul 29, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
