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Class III milk futures for near-term months slipped on the CME on Tuesday, with November down one cent to $16.82 and December at $15.37. Grade AA butter closed up half a cent at $2.2125 and 40-pound cheese blocks rose half a cent to $1.605, while nonfat dry milk closed down a cent at $0.7150.
Routine daily moves in dairy futures with small changes and no new cause; buyers of dairy-based feed inputs see little change in price direction.
brownfieldagnews.comLarry LeeNov 21, 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.
