# CME milk futures, cash dairy higher Monday - Brownfield Ag News

> CME Class III milk futures rose on Monday, with August up $0.16 to $17.36 and September up $0.46 to $17.94. Cash cheese blocks were unchanged at $1.965, while cheese barrels, butter and nonfat dry milk were steady to higher.

- Date: 2023-08-07 · published 2023-08-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5108-cme-milk-futures-cash-dairy-higher-monday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine futures and cash price moves reflect short-term sentiment rather than a new supply or demand shock. The gains point to firmer milk pricing into the fall.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2023-08-08 | 5 | +25.7% | 7.4 | Class III futures rose on Aug 7 (Aug +$0.16, Sep +$0.46) with steady-to-higher cash dairy, directly contributing to the price gain within the window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-higher-monday-2/

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