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Class III milk futures closed higher on March 27, with nearby March at $15.83 per cwt. Cash cheese barrels fell two cents to $1.37 while blocks rose slightly, and CWT assisted export sales of cheese and butter to Asia and Oceania.
Modest futures gains and CWT export assistance provide slight support to milk prices, though cheese remains weak.
brownfieldagnews.comTom SteeverMar 27, 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.
