Wednesday saw the CME spot trade move mostly lower, however Class III and IV only had mixed reactions.
First half 2020 months rose 10-25 cents while the second half traded 60-10 cents higher.
Commodities across the board were lower after tensions rose between the U.S. and Iran overnight.
The dairy complex closed out 2019 in a cheery mood!
The CME spot trade was mixed Monday as we say goodbye to 2019.
The Grinch arrived to the CME spot Cheese trade Thursday following a market closure for Christmas.
Christmas falling midweek sets us up for a slow trade week despite information on tariffs from China being lowered on select dairy products and a cold storage report.