US milk futures and cash dairy mostly higher

게시됨 2024년 2월 20일

Tridge 요약

Milk futures on the Chicago Mercantile Exchange began the week on a high note, driven by positive global market trends and a weaker dollar. February Class III milk increased by a cent to $16.18, March by 15 cents to $16.99, and April by six cents to $17.15. The Global Dairy Trade index in New Zealand also rose by 0.5% following a positive start to the year. Anhydrous milk fat saw the largest gain of 8.6%, followed by mozzarella at 5.3%, while cheddar sales experienced the largest drop of 7.6%.
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원본 콘텐츠

Milk futures on the Chicago Mercantile Exchange started the week mostly higher supported by positive movement in global markets and a lower dollar. February Class III milk up a penny at $16.18. March 15 cents higher at $16.99. April six cents higher at $17.15. May up 11 cents at $17.58. June through August contracts seven cents lower to four higher. Dry whey down $0.01 at $0.51. One trade was made at that price. Blocks up $0.0425 at $1.5225. Two sales were made at $1.52 and $1.5225. Barrels unchanged at $1.6075. One trade was made at that price. Butter up $0.0250 at $2.7750. Fifteen trades were made from $2.77 to $2.7750. Nonfat dry milk up $0.0225 at $1.1925. Two sales were made at $1.18. The Global Dairy Trade index in ...

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