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Class III milk futures on the CME closed higher on Thursday, with March up 12 cents to $14.72 and April up 17 cents. Cash dry whey, blocks, barrels and butter were mixed, with butter down slightly at $2.25.
Routine futures and cash moves give limited new information for feed buyers, though firmer deferred milk futures point to modestly better dairy margins.
brownfieldagnews.comNicole HeslipFeb 21, 2019Not 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.
