National Ag News
Milk futures higher, cash dairy mixed
Jul 25, 2017, 16:08 PM
by
System
Class III milk futures at the Chicago Mercantile Exchange were supported by an oversold bounce. Also, while cheese stocks in cold storage were up, the monthly out movement was larger than average, implying good demand. August was up $.30 at $16.31, September was $.34 higher at $16.73, October was up $.26 at $16.97, and November was $.18 higher at $17.00.
Cash cheese blocks were unchanged at $1.7075. The last uncovered offer was for one load at $1.74.
Continue reading Milk futures higher, cash dairy mixed at Brownfield Ag News.
