meta Global Outlook pushes Class III Higher in Chicago Wednesday | The Bullvine

Global Outlook pushes Class III Higher in Chicago Wednesday

Spot cheese has continued to maintain its strength this week.  Blocks unchanged at $2.50.  Two trades were made at that price. Barrels up $0.0050 at $2.33.  Two trades were made at that price. Butter down $0.0225 at $1.80.  Ten trades were made ranging from $1.7875 to $1.80.  Nonfat dry milk up $0.0175 at $1.03.  Seventeen trades were made ranging from $1.02 to $1.0350. Dry whey down $0.01 at $0.3050.   Seven trades were made ranging from $0.3050 to $0.3125.

The grain complex was a mixed bag today. July corn added 1.25 cents to $3.3025/bushel. December corn remained unchanged at $3.4275. Spot soybeans climbed 4.25 cents to $8.7125/bushel. November soybeans ascended 3.50 cents to $8.7650. July soybean meal fell 10 cents to $287.80/ton. September Chicago Wheat descended 7.25 cents to $4.94/bushel. June live cattle finished 17 cents higher to $96.50/cwt. August feeders gained 70 cents to $133.57/cwt. July crude oil declined 70 cents to $37.70.   

 

(T4, D2)
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