# Milk futures, cash dairy mostly higher - Brownfield Ag News

> Chicago Mercantile Exchange milk futures reversed higher on Thursday, with May Class III up 30 cents to $16.91 and June up 27 cents to $17.45. Spot cheese blocks gained 3.75 cents to $1.68 and butter rose to $2.4125.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36563-milk-futures-cash-dairy-mostly-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer cheese demand lifts Class III milk prices, which supports dairy-related feed demand and sentiment for milk-based feed inputs. The move is a routine daily price update with limited new supply or demand information.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-higher-94/

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