# CME milk, cash dairy down again Wednesday - Brownfield Ag News

> CME milk futures and cash dairy prices fell again on Wednesday, April 24. May Class III dropped 35 cents to $17.78, with June and July also lower. Dry whey, cheese blocks, butter and nonfat dry milk were all lower or flat in cash trade.

- Date: 2024-04-24 · published 2024-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30895-cme-milk-cash-dairy-down-again-wednesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Broad declines in Class III futures and cash dairy prices point to weaker milk values. This reduces the value of dairy co-products in feed formulation.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-cash-dairy-down-again-wednesday/

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