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Cash cheddar blocks closed Valentine week at $1.54 per pound, up 3 cents on the week but 4 cents below a year ago. Barrels rose 12 cents to $1.48, and traders awaited the January Milk Production report.
Firmer cheese prices on tight spot milk availability support dairy product values, though supplies remain abundant.
capitalpress.comLee MielkeFor the Capital PressFeb 20, 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.
