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

> On March 27, 2023 CME Class III futures fell, with April down 17 cents to $19.76 and May down 10 cents to $19.02. The cash dairy market recorded no trades, with cheese blocks at $2.10, barrels at $1.9625, butter at $2.345, and dry whey at $0.445.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37016-cme-milk-futures-lower-cash-dairy-market-stagnant-monday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower futures and no cash trade signal soft near-term milk pricing, which can reduce farm-level milk revenue and dairy feed demand expectations.

## Read by commodity

- MILK: bearish ▼

## Sources

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

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