# CME milk futures, cash dairy mostly higher Thursday, unusual cheese trend ends - Brownfield Ag News

> CME milk futures were mostly higher on Thursday, while cash dairy was steady to higher. The unusual trend of cheese barrels trading above blocks ended, with blocks back at a premium. Forty-pound blocks rose 3.75 cents to $1.4725, and nonfat dry milk was steady at $1.1625.

- Date: 2024-03-14 · published 2024-03-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31365-cme-milk-futures-cash-dairy-mostly-higher-thursday-unusual-cheese-trend-ends
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher cheese and futures prices improve the outlook for milk returns, which may support dairy herd feeding programs. The moves are modest and reflect routine trading rather than a new supply shock.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-mostly-higher-thursday-unusual-cheese-trend-ends/

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