Michigan wheat ahead of average

Warm and wet weather was helpful to Michigan’s wheat crop last week. The USDA says winter wheat is 96 percent emerged with condition rated 74 percent good to excellent. Michigan’s corn crop is 95 percent harvested while sugarbeets are at 98 percent.

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Cash dairy prices steady Friday at the CME

*This updates a previous report from earlier. Cash dairy prices were mostly unchanged in light trading Friday at the Chicago Mercantile Exchange.  Dry whey was up

No CME cash dairy trading Friday

The Chicago Mercantile Exchange had limited trading activity Friday following the Christmas holiday, and cash dairy trading isn’t scheduled to resume