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

> November Class III milk futures rose 35 cents to $20.21 per cwt on the CME, with December up 56 cents to $19.48. Cash cheese, butter, and nonfat dry milk prices were mostly higher, and USDA set October Class III at $18.72.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4105-milk-futures-cash-dairy-mostly-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firm cheese and milk futures point to better dairy margins, which can support herd feeding budgets and demand for dairy-feed inputs.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2019-10-29 | 1 | +8.2% | 23.0 | November Class III futures rose 35 cents to $20.21 and December rose 56 cents on higher cash cheese, butter and NDM, directly reflecting the 1-day move in the Class III price. |
| MILK | 2019-11-05 | 5 | +8.7% | 3.4 | Class III futures rose 35-56 cents on higher cash cheese, butter and NDM prices, contributing to the 5-day gain. |
| MILK | 2019-11-04 | 5 | +8.1% | 3.8 | November Class III futures rose 35 cents to $20.21 on Oct 29 with cash cheese higher, contributing directly to the weekly gain. |
| MILK | 2019-10-30 | 1 | +8.2% | 21.7 | Class III futures and cash cheese rose on Oct. 29, showing momentum into the move, though the gains were modest relative to an 8.25% one-day jump. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-higher-39/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-higher-40/

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