Loading…
Class III milk futures on the CME were mixed, with most active months lower on profit taking and spread trading; February was down $0.12 at $16.87. Cash cheese blocks fell $0.11 to $1.74 and butter was $0.0225 lower at $2.1575.
Routine daily price moves with ample cream and milk supply keep dairy input values soft, which weighs on milk-based feed ingredient economics.
brownfieldagnews.comJohn PerkinsFeb 3, 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.
