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

> CME milk futures rose on Oct. 22, with October Class III up 15 cents to $21.63 and November at $21.44. Cash block cheddar closed at $2.7725 and barrels at $2.4025, while butter and nonfat dry milk slipped. USDA data showed September cheese stocks down 1% from August and butter inventories up 18% year over year.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50793-milk-futures-higher-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine futures and cash moves show a firm but mixed dairy complex, with cheese supported and butter and powder softer. The price effect on feed demand is limited to normal market movement.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mixed-99/

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