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CME milk futures ended the week lower on Friday, with January Class III down $0.14 to $15.12. Cheese blocks fell $0.02 to $1.4350, and butter fell 7.5 cents to $2.5750.
Lower Class III futures and cheese and butter prices signal weaker milk values for producers heading into 2024.
brownfieldagnews.comLarry LeeJan 5, 2024brownfieldagnews.comLarry LeeJan 3, 2024brownfieldagnews.comLarry LeeJan 2, 2024Not 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.
