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CME Class III milk futures were lower on July 29, with August down $0.13 at $16.22 and September down $0.24 at $16.26. Spot cash cheese blocks slipped slightly and dry whey fell $0.03 to $0.5025.
Routine futures moves in milk and dairy components show continued softness in dairy prices, which weighs on dairy producers' feed purchasing capacity.
brownfieldagnews.comJul 29, 2021Not 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.
