# Milk futures, cash dairy trade lower - Brownfield Ag News

> CME Class III milk futures closed mostly lower on November 15, with the November contract down a penny at $18.00 and December down 13 cents at $17.49. Cash markets for blocks, barrels, butter and nonfat dry milk also traded lower.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44201-milk-futures-cash-dairy-trade-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine futures and cash softness signals modest near-term downward pressure on milk values, with limited direct effect on feed grain prices.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-trade-lower/

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