Milk futures down, cash dairy steady to lower

Milk futures down, cash dairy steady to lower

Chicago Mercantile Exchange Class III milk futures were lower on

follow through selling. February was down $.02 at $16.95 and March was $.11

lower at $16.66, while April was $.13 lower at $16.72 and May was down $.15 at

$16.88.

In the cash market, cheese barrels were steady at $1.585 and Blocks

were down a penny at $1.80. Grade A nonfat dry milk was $.0175 lower at

$1.1775, AA butter was down $.02 at $1.755, and extra grade dry whey held at

$.37.

Continue reading Milk futures down, cash dairy steady to lower at Brownfield Ag News.