National Ag News
Milk futures steady to higher, cash dairy steady to lower
Apr 18, 2017, 16:43 PM
by
System
Class III futures at the Chicago Mercantile Exchange were mostly higher on spread trade, short covering, and the higher Global Dairy Trade index. April was unchanged at $15.24, May was $.07 higher at $15.21, June was up $.11 at $15.40, and July was $.09 higher at $15.89.
Cash cheese blocks were unchanged at $1.475. Barrels were $.0075 lower at $1.42. Four loads were sold, all at $1.42. The last uncovered offer was for two loads at $1.42.
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