Milk futures mostly higher, cash dairy mixed

Milk futures mostly higher, cash dairy mixed

Class III milk futures at the Chicago Mercantile Exchange closed mostly higher Tuesday as global prices posted declines on at the Global Dairy Trade auction.

October closed two cents higher at $15.62.  November up three cents at $15.75.  December unchanged at $15.73.  January three cents lower at $15.69.  February through next September contracts closed two cents lower to a nickel higher.

Barrels were down $0.0050 at $1.3325.  Two trades were made at $1.3325 and $1.34.

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