# Milk futures, cash dairy higher - Brownfield Ag News

> Milk futures on the CME traded higher on Wednesday as grains moved lower and cash dairy markets rose. Class III futures were up across the curve, with May at $19.22 and June at $19.64. Spot dry whey, blocks, barrels, and butter also ticked higher.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47764-milk-futures-cash-dairy-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III futures and cash dairy prices support milk revenue for producers and signal firmer dairy demand. Lower grain prices ease feed costs for dairy operations.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-05-04 | 1 | +8.6% | 6.2 | Class III futures were rising across the curve on April 28-29 on stronger spot cheese, whey and butter, which is the momentum that led into the large May 4 move. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/milk-futures-cash-dairy-higher-42/

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