Milk futures lower, cash dairy mostly higher

Class III milk futures at the Chicago Mercantile Exchange closed lower Monday to take back Friday’s gains.

August milk closed down two cents at $15.02.  September milk down 11 cents at $16.02. October down 17 cents at $16.26.  November closed down 16 cents at $16.23.  December through next July contracts closed 15 cents lower to unchanged.

Barrels had the most active trading session, closing up $0.0275 at $1.6475. Seventeen trades were made ranging from $1.62 to $1.6475.

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