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

> Class III milk futures closed lower on the week, with October down three cents at $17.87 and November at $19.61. Cash block and barrel prices were mixed, and USDA reported record cheese stocks in September.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44703-milk-futures-lower-cash-dairy-trade-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record cheese inventories cap upside in dairy prices, a routine signal of modest pressure on milk returns.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-trade-higher-4/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-trade-mixed-7/

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