# CME milk futures & cash dairy lower Tuesday - Brownfield Ag News

> CME milk futures and cash dairy markets closed lower on December 12, with Class III futures for December down 5 cents to $16.18. Cheese blocks and barrels, butter and nonfat dry milk also declined, while dry whey rose slightly.

- Date: 2023-12-12 · published 2023-12-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32873-cme-milk-futures-and-cash-dairy-lower-tuesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine price declines in cheese and Class III futures reinforce a soft milk price trend, with little new fundamental driver.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-lower-tuesday-2/

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