Class III milk futures at the Chicago Mercantile Exchange closed lower Friday while the block premium over barrels in the cash market climbed to the second largest on record.
September milk closed unchanged at $16.11. October was down 15 cents at $15.80. November six cents lower at $16.31. December down eight cents at $16.13. January through next August contracts closed eight cents lower to unchanged.
Barrels were down $0.0175 at $1.3825.
Continue reading Milk futures lower, cash dairy mixed at Brownfield Ag News.
