# CME milk futures higher, cash dairy mixed to end the week - Brownfield Ag News

> Class III milk futures rose on the CME on Friday, with August up $0.28 to $17.26. Cheese blocks gained to $1.9075 and cheese barrels to $1.7625. Butter was down slightly and nonfat dry milk edged higher.

- Date: 2023-07-28 · published 2023-07-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35206-cme-milk-futures-higher-cash-dairy-mixed-to-end-the-week-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer futures and cheese prices modestly support dairy producer returns. The move is a routine weekly price update with limited impact on feed demand.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2023-08-01 | 5 | +26.7% | 8.1 | Friday 7/28 CME gains in Class III futures and cheese blocks and barrels reflect the cheese-led rebound from depressed levels during the 5-day window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-higher-cash-dairy-mixed-to-end-the-week/

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