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Chicago Mercantile Exchange milk futures rose on the day, with May Class III at $25.02 and June 18 cents higher. Cash blocks, barrels, butter and nonfat dry milk all firmed, while Global Dairy Trade fell 2.9 percent.
Routine dairy price moves with modest firmness in US cash markets and a weaker global auction; limited direct effect on feed demand.
brownfieldagnews.comNicole HeslipMay 17, 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.
