Class III milk futures at the Chicago Mercantile Exchange were supported by the recent lower USDA production estimate and increased cash dairy activity. May was up $.06 at $15.61, June was $.29 higher at $16.38, July was up $.40 at $16.89, and August was up $.36 at $17.20.
Cash cheese blocks were $.05 higher at $1.65. Seven loads were sold, including two at $1.65. The last unfilled bid was on one load at $1.6475.
Continue reading Milk futures, cash dairy higher at Brownfield Ag News.
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