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Milk futures lower, cash cheese steady

Class III milk futures at the Chicago Mercantile Exchange were pressured by technical selling. August was $.10 lower at $16.55, September was down $.09 at $16.82, October was $.12 lower at $16.98, and November was down $.09 at $16.99. Cash cheese blocks were unchanged at $1.71. Two loads were sold at $1.71. The last uncovered offer was for one load at $1.72. Barrels were steady at $1.485. 12 loads were sold, three at $1.485 and nine at $1.4825. The last uncovered offer was for one load at $1.4875.

Read more: Brownfield Ag News

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