Class 3 milk futures have held above $17.50 despite mixed macroeconomic indicators, demonstrating resilience in domestic dairy demand. WCR provides aftermarket plates for machines for 10 different competitors’ brands, Aring said, as well as repair service, employing about 10 technicians. CME data indicates Class 3 milk futures are consolidating near $17.60/cwt, and technical charts suggest resistance at $17.80, with support seen around $17. Seasonal trends suggest Class 3 milk futures may benefit from Q4 holiday orders, with November contracts trading above $18.20 for the first time in weeks.
