DTN Closing Dairy Comments
June MPP Income Over Feed Cost is $8.12
By
Robin Schmahl
,
DTN Contributing Analyst
Despite strong cheese and butter prices, Class III futures only managed a mixed close. December was unable to close above $16.00 where it traded for much of the day but fell back to unchanged at the closing bell. USDA reports a June milk/feed ratio of 2.06...
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