Class III milk futures at the Chicago Mercantile Exchange closed lower Wednesday as increasing dairy stocks and production weighed on prices.
January milk was down $0.01 closing at $13.89. February was $0.09 lower at $13.42. March closed $0.08 lower to $13.53. April milk was lower $0.10 at $13.73. The rest of the 2018 milk futures were mixed from nine cents a hundredweight lower to a two cents higher.
Grade AA Butter was $0.0050 higher at $2.12.
Continue reading Milk futures lower, cash dairy higher at Brownfield Ag News.
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