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Class III milk futures closed mostly lower on Thursday on the CME, pressured by weak international dairy prices. August milk fell a nickel to $14.81, while blocks and barrels finished higher.
Butter and dry whey were unchanged.
Weaker international dairy prices are pulling down US milk futures, signaling softer dairy demand for feed buyers.
brownfieldagnews.comNicole HeslipAug 2, 2018Not 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.
