Milk Futures Start the Week Mixed – eDairyNews
United States |6 enero, 2021

Milk | Milk Futures Start the Week Mixed

Fresh cheese continues to be readily available in the CME Cash Dairy Product Trade.

Block cheese lost 3.25 cents to $1.6175/lb. on 11 trades. Barrel cheese tumbled 6 cents to $1.4875/lb. Butter fell 2.50 cents to $1.3950/lb. on 2 trades. Grade A Nonfat Milk gained half a cent to $1.1475/lb. Dry Whey rose ¼ cent to $.4650/lb.

Class III milk futures traded higher only to change directions as we moved through the spot cheese trade. January milk decreased 31 cents to $15.49/cwt. February milk dropped 28 cents to $17.21/cwt. March lost 15 cents to $17.36/cwt. April-December settled 2 cents higher to 14 cents lower. February Class IV milk traded 11 cents higher to $14.17/cwt and was the only class IV month to trade.

The grain markets experienced a wild ride, soaring higher on the Sunday over night session before turning negative. Markets bounced back to close the day slightly in the green. March corn lost ¼ of a cent to $4.8375/bushel after trading up to $4.9775. March soybeans traded as high as $13.4950 to settle the day at $13.13/bushel. March soybean meal declined $7.20/ton to $427.20/ton. March Chicago Wheat climbed 1.50 cents to $6.42/bushel.

February live cattle fell $2.72 to $112.30/cwt. January feeder cattle declined $4.00 to $134.95/cwt. February lean hogs climbed 95 cents to $71.22/cwt. February crude oil fell $1.24 to $47.28/barrel.

Topics |
Legal notice on Intellectual Property in digital content

All information contained in these pages that is NOT the property of eDairy News and is NOT considered "in the public domain" by legal regulations, are trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the norms contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable norms.

Any claim arising from the information contained on the eDairy News website will be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentine Republic, with a seat in the City of Córdoba, to the exclusion of any another jurisdiction, including the Federal.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Related news