Loading…
CME milk futures rose on Wednesday as position squaring and strong cheese markets continued, with February Class III at $20.31 and March at $21.51. USDA raised January Class II, III and IV prices, with Class III at $20.38 and Class IV at $23.09.
Rising Class III and IV futures and revised USDA prices point to firmer milk values, which supports dairy income and feed demand.
brownfieldagnews.comNicole HeslipFeb 2, 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.
