June settlement prices for Class III milk futures remain strong, driven by improved cheese demand from North America’s QSR chains. Analysts cite $17.90 as the near-term target if trends hold. Propane (B0) futures : Used for heating, cooking and as a petrochemical feedstock, propane demand is highly sensitive to weather patterns, particularly during winter months. This seasonality offers a diversification angle, as propane prices can fluctuate independently of broader energy market trends. Supply disruptions and inventory levels also play a significant role in propane price dynamics. Class III milk futures opened Thursday at $17.64, with traders balancing rising cheese output against weaker global milk powder prices. The market’s technical support sits firmly at $17. Market watchers note increased open interest in Class III milk futures as July and August positions shift, perhaps signaling traders positioning ahead of USDA cold storage data release.