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Class III milk futures closed mostly lower on technical selling, with February at $13.63 and March at $13.61. Cash block cheese was unchanged at $1.4625 and barrels rose slightly to $1.3250.
Nonfat dry milk was up a fraction at $0.7225.
Routine futures moves show the Class III milk curve remains in the low-to-mid $13 range. Price direction is mixed, so the impact on dairy feed demand is limited.
brownfieldagnews.comNicole HeslipFeb 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.
