Class III milk futures at the Chicago Mercantile Exchange were supported by an oversold bounce and the USDA’s lower than a year ago milk production numbers for February. March was up $.04 at $15.76, April was $.36 higher at $15.46, May was up $.53 at $15.73, and June was $.40 higher at $16.01.
Cash cheese blocks were $.0275 higher at $1.43. There were eight loads sold, including four at $1.43. The last unfilled bid was on one load at $1.43.
Continue reading Milk futures higher, cash dairy mixed at Brownfield Ag News.
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