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CME milk futures ended the week higher, with July up 11 cents to $17.29 and August up 12 cents to $17.59. Blocks rose 2 cents to $1.8575 and barrels rose 2.5 cents to $1.79, while butter held at $2.41.
Stronger cheese and futures prices point to firmer milk values for the coming months, which supports dairy-based feed demand.
brownfieldagnews.comNicole HeslipJun 28, 2019Not 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.
Futures ended the week of June 28 higher, with July Class III up 11 cents to $17.29 and blocks rising, which is direct price momentum heading into the 5-day window.
