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Class III milk futures rose on the CME, with October at $16.80 and November up $0.16 at $16.31. Cash cheese blocks gained half a cent to $1.72 and butter rose to $2.40.
Global Dairy Trade index was down 1%.
Higher Class III futures after a mixed period support dairy prices. The GDT decline suggests export-side softness that could limit further gains.
brownfieldagnews.comJohn PerkinsOct 17, 2017Not 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.
