# CME dairy prices down Friday - Brownfield Ag News

> CME milk futures fell on Friday, October 21, 2022, with November Class III down $0.15 to $21.14 and deferred contracts lower by up to 35 cents. Cheese blocks were unchanged at $2.0575 and butter held at $3.20.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39270-cme-dairy-prices-down-friday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling deferred Class III futures signal weaker milk values ahead, which reduces dairy farm margins and feed purchasing power.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-dairy-prices-down-friday/

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