Class 3 Milk Futures

Class 3 Milk Futures. Class iii milk futures are used to produce american cheese and are appropriately nicknamed cheese milk. Year average settle price year open year high year low year settle annual % change;

Class III Milk Futures Quotes - CME Group | Future quotes, Cme group, Quotes
Class III Milk Futures Quotes - CME Group | Future quotes, Cme group, Quotes from i.pinimg.com
A full suite of futures and options on milk and dairy products; Open interest profile tool analyze open interest and open interest change patterns for each expiration within the selected product. This was the 55 th month of the recent trend, which is a data point in a fibonacci sequence (it's easier to find these sequences than to explain their usefulness).

Current report ( pdf) ( xls)

Whether class iii will hold at this level is not certain, but it looks like class iii for the year will average over $18 compared to the 2019 average of $16.96, cropp says. Current report ( pdf) ( xls) In 2016, 55.92 billion pounds of milk was utilized in class iii, or 41.7 percent of the year's total. Current class iii futures offer an opportunity to protect.