meta Milk futures mostly lower, cash dairy steady to weak | The Bullvine
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Milk futures mostly lower, cash dairy steady to weak

Tuesday, February 14th, 2017

Class III milk futures at the Chicago Mercantile Exchange were mostly lower on spread trade and follow through selling. February was up $.01 at $16.87, March was down $.07 at $16.84, April was $.09 lower at $16.93, and May was down $.05 at $17.08.

Cash cheese barrels were $.01 lower at $1.60. There were two loads sold at $1.60. The last uncovered offer was for one load at $1.61. Barrels were unchanged at $1.65. The last uncovered offer was for one load at $1.65.

Butter held at $2.1025. The last unfilled bid was on one load at $2.09.

Nonfat dry milk was down $.02 at $.90. There was one load sold at $.90. The last unfilled bid was on two loads at $.88. The last uncovered offer was for one load at $.9025.

Source: Brownfield Ag News

(T1, D1)

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