# Milk futures mostly lower, cash dairy near steady - Brownfield Ag News

> Class III milk futures on the CME were mostly lower in early January 2017, with the front contract up slightly. Cash cheese blocks held near $1.66 and butter was unchanged at $2.26.

- Date: 2017-01-05 · published 2017-01-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11537-milk-futures-mostly-lower-cash-dairy-near-steady-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine cash and futures moves show a soft US milk complex, with little new supply or demand driver.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2017-01-06 | 1 | -4.5% | -3.2 | Class III futures were reported mostly lower in early January with cash cheese flat near $1.66, indicating direct downward futures pressure without cash support. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mixed-14/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-mostly-lower-cash-dairy-near-steady/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.