# Milk futures mixed, cash dairy mostly higher Friday - Brownfield Ag News

> September Class III milk futures on CME closed 3 cents lower at $16.64, while October rose to $16.85. Cash dairy was mostly higher, with blocks, butter and nonfat dry milk firm and barrels and dry whey steady.

- Date: 2021-08-31 · published 2021-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4917-milk-futures-mixed-cash-dairy-mostly-higher-friday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed futures with firmer cash butter and powder point to a balanced dairy market with no strong directional driver. Feed buyers see little change in dairy-based feed demand.

## Read by commodity

- MILK: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-08-31 | 1 | +4.7% | 8.8 | Reports CME Class III futures and firm cash dairy (blocks, butter, NFDM) around the move date, indicating cash-market support for the price jump. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-trade-higher/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-trade-mixed-2/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-mixed-cash-dairy-mostly-higher-friday/

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