# CME milk futures and cash dairy prices keep sliding - Brownfield Ag News

> CME milk futures and cash dairy prices fell again on Friday, October 28, 2022. November Class III milk dropped $0.18 to $20.21 per cwt, while cheese blocks held at $1.96 and butter slipped to $3.14.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39266-cme-milk-futures-and-cash-dairy-prices-keep-sliding-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures and cash cheese signal weaker milk check values for dairy producers and reduced feed-buying power, which can dampen demand for dairy-cow feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-11-01 | 1 | -5.2% | -3.7 | CME milk futures and cash dairy prices were sliding in the prior session, with November Class III down 18 cents, which shows the downward momentum heading into the move. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-and-cash-dairy-prices-keep-sliding/

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