Milk futures on the Chicago Mercantile Exchange finally edged passed the $18 market while cash markets, declining stocks, and production provide strength.
July Class III milk futures up a
penny at $17.41. August up five cents at $17.71. September up four cents at $18.02. October three cents lower at $17.96. November through February contracts four to
nine cents higher.
Dry whey up $0.0125 at $0.3575. One trade was made at $0.3475.
Blocks up $0.0025 at $1.8325.
Continue reading Milk futures break $18, cash dairy higher at Brownfield Ag News.