# Milk futures higher, cash dairy trade mixed - Brownfield Ag News

> CME milk futures rose on Wednesday as position squaring and strong cheese markets continued, with February Class III at $20.31 and March at $21.51. USDA raised January Class II, III and IV prices, with Class III at $20.38 and Class IV at $23.09.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42865-milk-futures-higher-cash-dairy-trade-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising Class III and IV futures and revised USDA prices point to firmer milk values, which supports dairy income and feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-trade-mixed-6/

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