# CME milk and dairy prices down, some components up - Brownfield Ag News

> CME milk futures and cash dairy were mostly lower on Thursday, with March Class III milk down $0.07 to $15.24. Dry whey, blocks and nonfat dry milk were also lower, while butter and some April contracts gained. USDA reported February Class III averaged $13.89, down seven cents from January.

- Date: 2019-02-28 · published 2019-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4488-cme-milk-and-dairy-prices-down-some-components-up-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures and weaker dry whey and nonfat prices point to softer milk returns, which can reduce dairy producers' feed-buying power.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-and-dairy-prices-down-some-components-up/

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