Milk futures mostly lower, cash dairy mostly higher

Milk futures mostly lower, cash dairy mostly higher

Chicago Mercantile Exchange Class III milk futures were mixed, with the most active months modestly lower. March was down $.01 at $14.91 and April was $.03 lower at $14.95, while May was down $.06 at $15.19 and June was $.04 lower at $15.51.

Cash cheese blocks were up a penny at $1.53, with five trades, including one at the closing price. The last unfilled bid was on one load at $1.51 and the last uncovered offer was for one load at $1.55.

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