Class 3 milk futures on the technical front

On the technical front, Class 3 milk futures charts show a minor bullish crossover in moving averages, hinting at potential near-term upside. "I guess I wasn't interested in what they had to teach us. Or if I was interested in it, I just learned it on my own from a textbook. So I managed to pass all my classes despite many absences, I would say." A mild rally in Class 3 milk futures was noted today, attributed to bullish sentiment in global dairy auctions and modest feed cost improvements. Latest Class 3 milk futures data shows August contracts holding at $17.68/cwt, down $0.12 as traders adjust to USDA’s latest milk production report showing a slight year-over-year decline.