Loading…
CME Class III milk futures closed higher for the week, with February up 10 cents to $15.64 and March up 68 cents to $16.69. Cash cheese and block prices firmed following a mildly bullish cheese stock report.
Firmer cheese and futures prices give modest support to milk values, though the move is routine market commentary with no new supply or demand shock.
brownfieldagnews.comNicole HeslipFeb 5, 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.
