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

> Class III milk futures on the CME opened the week higher, with October up 21 cents to $17.51 and November up 32 cents to $17.34. Cash dry whey, blocks, barrels, butter and nonfat dry milk were mostly firm.

- Date: 2021-09-27 · published 2021-09-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4637-milk-futures-cash-dairy-trade-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger cash markets feed into futures and the forward milk price. This is a routine market move without a new cause.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-09-29 | 1 | +8.1% | 10.0 | Class III futures opened the week higher on 2021-09-27 with firm cash dairy (whey, blocks, barrels), building the upward momentum that preceded the 9/29 move. |
| MILK | 2021-09-28 | 1 | +8.1% | 10.7 | Class III futures opened the week higher with firm cash dairy (whey, blocks, barrels), showing the buying momentum that preceded the 2021-09-28 jump, though the 21-32 cent gains are far smaller than an 8% move. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-and-cash-dairy-higher-tuesday/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-trade-higher-2/

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