# CME milk futures higher, cash dairy lower Monday - Brownfield Ag News

> September Class III milk was up $0.39 at $18.88 per cwt on the Chicago Mercantile Exchange, with October up $0.22. Cash dairy was mostly lower. Butter rose $0.04 to $2.74 and cheese barrels fell slightly.

- Date: 2023-08-21 · published 2023-08-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34745-cme-milk-futures-higher-cash-dairy-lower-monday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine futures gains with mixed cash prices reflect no new fundamental shock. Modest strength in forward milk prices slightly supports dairy margins.

## Read by commodity

- MILK: bullish ▲

## Sources

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

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