Milk futures break $18, cash dairy higher

Milk futures break $18, cash dairy higher

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.