Milk futures higher, cash dairy lower

Milk futures higher, cash dairy lower

Milk futures on the Chicago Mercantile Exchange closed Friday higher as traders bought back oversold positions.  

November Class III milk up seven

cents at $20.02.  December up three cents at $19.09.  January four cents higher at $17.85.  February up five cents at $17.10.  March through June contracts one to five

cents higher.

Dry whey down $0.0075 at $0.2750.  Fifteen sales were made at $0.2750 and $0.2775. 

Blocks down $0.0550 at $2.0150.  One trade was made at that price.

Continue reading Milk futures higher, cash dairy lower at Brownfield Ag News.