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Class III milk futures were mixed on December 16, with December up $0.01 at $17.32 and January down $0.01 at $16.95. Cash cheese blocks rose to $1.80 while barrels fell to $1.70, and butter climbed to $2.19.
Mixed futures and balanced block cheese supply leave milk prices roughly steady, with little new pressure on dairy-linked feed demand.
brownfieldagnews.comJohn PerkinsDec 16, 2016Not 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.
