# CME Group Cash Markets Report - March 28, 2024

> The CME Group cash markets report for March 28, 2024 shows Grade AA butter closing at $2.8425 with robust spring holiday demand. Cheese blocks and barrels closed around $1.42 to $1.43 on ample inventories and light demand, with milk trading below Class III. Nonfat dry milk and dry whey prices were little changed.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31206-cme-group-cash-markets-report-march-28-2024
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak cheese demand and loose milk availability pressure Class III milk values, and the wider cash market soft tone limits dairy feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairynews.today: https://dairynews.today/news/cme-group-cash-markets-report-march-28-2024.html

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