Class III milk futures at the Chicago Mercantile Exchange were supported by the USDA’s lower 2017 production estimate. May was up $.03 at $15.55, June was $.22 higher at $16.09, July was up $.19 at $16.49, and August was $.15 higher at $16.84.
Cash cheese blocks were $.01 higher at $1.60. Three loads were sold, two at $1.59 and one $1.60. The last unfilled bid was on one load at $1.59.
Continue reading Milk futures higher on lower USDA production estimate at Brownfield Ag News.
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