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

> Milk futures on the CME ended mostly higher Thursday, with June Class III up 36 cents to $18.90. The gains followed a lower dollar and a butter-buying spree on the cash market, which lifted butter and barrel prices.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4263-milk-futures-cash-dairy-mostly-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III futures signal firmer milk revenue expectations for dairy feed buyers. Routine moves like this carry little independent supply or demand news.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2024-05-06 | 5 | +18.7% | 4.2 | June Class III futures gained 36 cents on a weaker dollar and a butter-buying spree, adding to the price momentum through the window (the dating is inconsistent, but the mechanism is relevant). |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-markets-finish-week-higher/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-lower-62/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-higher-106/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mixed-129/

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