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Class III milk futures were mixed in consolidation trade, with August at $16.50 and September at $16.64. Cash cheese blocks slipped to $1.65 and barrels fell 6 cents to $1.5575, while butter held near $2.6275.
Softer cash cheese and mixed futures signal limited near-term upside for Class III milk, a routine price move with no new fundamental driver.
brownfieldagnews.comJohn PerkinsAug 25, 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.
