# Milk futures lower, cash dairy mixed - Brownfield Ag News

> CME Class III milk futures closed lower on Friday, with January down 19 cents to $19.54 and nearer contracts mostly lower after earlier gains. Cash blocks fell to $2.1350 and barrels to $1.8575, while butter was unchanged at $2.38.

- Date: 2022-12-30 · published 2022-12-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38379-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower futures and cash cheese values point to softer near-term milk pricing for dairy-based feed inputs such as DDGS-linked and dairy byproduct demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-97/

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