Class III milk futures at the Chicago Mercantile Exchange closed Wednesday relatively flat range despite a positive supply and demand forecast for milk prices.
September milk closed up two cents at $16.13. October was unchanged at $16.28. November down two cents at $16.30. December down two cents at $16.13. January through next August contracts closed a nickel lower to a penny higher.
Barrels closed up $0.03 at $1.4850. Nine trades were made ranging from $1.4575 to $1.4950.
Continue reading Milk futures flat, cash dairy mostly higher at Brownfield Ag News.