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CME milk futures and cash dairy prices closed mixed on April 29, with May and June Class III down about 13 cents while July rose. Butter rose 4 cents to $2.6750 and nonfat dry milk gained to $1.7550, while blocks eased a penny.
Mixed closes in dairy futures and cash markets show little directional conviction for dairy feed ingredients. Butter and nonfat dry milk strength supports dairy product values.
brownfieldagnews.comLarry LeeApr 29, 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.
