Milk futures on the Chicago Mercantile Exchange closed lower at midweek ahead of a slightly bullish dairy products report as traders bought back oversold positions.
Weekly dairy prices in the EU are higher for butter, cheese and whole
milk powder and lower for other commodities.
April Class III milk down a nickel at
$15.80. May three cents lower at $15.67. June down a nickel at $15.80. July two cents lower at $16.11. August through December contracts were four
cents lower to a penny higher.
Continue reading Milk futures mostly lower, cash dairy mixed at Brownfield Ag News.
