milk futures

05 Apr

Cotton Prices Re-Testing 4 Month Lows

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Cotton Futures--- Cotton futures this morning for the December contract are retesting 4 month lows down 25 points trading currently at 87.85 a bale with the 4 month low of 87.50 which happened three weeks ago.

04 Apr

Milk Futures Down 2nd Consecutive Day

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Milk Futures--- Milk futures sold off sharply from 6 week highs for the 2nd consecutive trading session selling off 29 points to settle at  at 15.30 in heavy  trade in Chicago in sympathy with the rest of the commodity markets today.

03 Apr

Milk Futures Hit 6 Week High

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 Milk Futures--- Milk futures are trading at a 6 week high today up 2 points at 15.82 in light trade in Chicago. Milk futures for the May delivery of rallied 160 points from their March 5th low of 14.20 which is looking more like a spike bottom on the daily chart.

21 Mar

Have Milk Prices Bottomed?

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 Milk Futures--- Milk prices surged today finishing higher by about 35 points in the May contract to finish at 15.55 closing right at a four week closing high.

15 Mar

Milk Prices Skyrocket For 8th Straight Session!

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 Milk Futures-- Milk futures extended their bullish momentum today trading higher for the 8th straight session to close at 15.90 and traded as high as 16.01 before some profit taking took place in the April contract. It looks to me that the lows were created about a week and a half ago on a spike down in the charts at 14.25 and then rallying very quickly to a three week high in prices.

14 Mar

Milk Prices Higher For 7th Day In A Row

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 Milk Futures-- Milk futures today continued their bullish momentum today trading higher for the 7th straight trading session to close at 15.68 in the April contract and looking more like the lows have been created about a week and a half ago on a spike down in the charts at 14.25 and then rallying very quickly to a three week high in prices.

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