Loading…
CME Class III milk futures were mixed on Friday, with October unchanged at $15.55 and November unchanged at $15.53. Hurricane Michael disrupted fluid milk supply in Florida and the Southeast, and USDA reported milk trucked in from the central US and New Mexico.
Regional fluid milk shortages from the hurricane are localized, so the effect on national milk prices and dairy feed demand is limited.
brownfieldagnews.comLarry LeeOct 19, 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.
