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

> CME Class III milk futures were mixed at midweek, with April up three cents at $18.67 and May 10 cents lower at $18.06. Cash dairy was mostly lower, with blocks, barrels, butter and nonfat dry milk trading down on a stronger dollar.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12306-milk-futures-cash-dairy-mostly-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower cash dairy values feed into Class III futures and reduce the milk price outlook for dairy producers, which weighs on demand for dairy-based feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-down-monday/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-lower-109/

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