National Ag News
Milk futures sharply lower, cash cheese steady
Apr 25, 2017, 16:41 PM
by
System
Class III milk futures at the Chicago Mercantile Exchange were lower Tuesday, pressured by Monday’s bearish cold storage numbers, including a new March record for all cheese and a year to year increase in butter stocks. May was $.29 lower at $15.32, June was down $.43 at $15.42, July was $.33 lower at $15.89, and August was down $.33 at $16.26.
Cash cheese blocks were unchanged at $1.5525. The last uncovered offer was for one load at $1.5525.
Continue reading Milk futures sharply lower, cash cheese steady at Brownfield Ag News.
