# CME milk futures, cash dairy down except butter Monday - Brownfield Ag News

> CME closing trade shows November Class III milk down $0.11 at $17.29, with cheese blocks and barrels lower. Butter rose $0.1075 to $3.30 while nonfat dry milk was unchanged at $1.1975.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33633-cme-milk-futures-cash-dairy-down-except-butter-monday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower cheese and Class III futures reflect softer dairy demand, while stronger butter prices support butterfat values; the net effect on feed demand is limited.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-down-except-butter-monday/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-most-cash-dairy-markets-down-tuesday/

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