# Milk futures lower, cash mixed - Brownfield Ag News

> CME Class III milk futures fell on December 4, with December down 10 cents to $15.35 and January down 26 cents to $15.72. Cash blocks were unchanged at $1.585 and barrels eased to $1.40, while dry whey rose slightly.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4226-milk-futures-lower-cash-mixed-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower Class III futures and weak cash cheese point to reduced milk values for dairy producers, which can dampen demand for dairy feed byproducts.

## Read by commodity

- MILK: bearish ▼
- FCATTLE: neutral
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-12-08 | 5 | -33.2% | -4.7 | Class III futures fell further on Dec 4 with barrels easing to $1.40, showing continued selling pressure within the window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-mixed-2/
- brownfieldagnews.com: https://brownfieldagnews.com/news/lower-cash-business-pressures-hog-futures/

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