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Class III milk futures on the CME rose on November 30, with December up $0.02 to $16.94 and January up $0.09 to $16.52. Cash cheese blocks fell $0.02 to $1.76 while butter rose $0.13 to $2.23.
Nonfat dry milk and USDA weekly averages were also reported.
Routine daily price wrap with small moves; no new fundamental driver, so little change to feed-relevant dairy byproduct pricing beyond existing trends.
brownfieldagnews.comJohn PerkinsNov 30, 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.
