# CME milk and cash dairy mostly up Monday - Brownfield Ag News

> Milk futures and most cash dairy prices rose on the CME on Monday. October Class III milk gained 45 cents to $22.20, and November was up 75 cents. Cheese blocks rose to $2.00 and butter to $3.1775, while nonfat dry milk fell slightly.

- Date: 2022-10-03 · published 2022-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5112-cme-milk-and-cash-dairy-mostly-up-monday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

This is a routine price wrap with no new supply or demand shock. Firmer futures support milk revenue expectations for dairy producers.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-10-05 | 5 | +11.2% | 3.5 | On Oct 3 October Class III futures jumped 45 cents and November 75 cents as cheese blocks rose to $2.00, which directly adds to the 5-day gain. |
| MILK | 2022-10-05 | 1 | +11.5% | 7.4 | CME Class III futures and cheese blocks rose on Oct 3 (Oct +45c, Nov +75c), showing upward demand/price momentum just before the move, though the size is far smaller than 11.5%. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-and-cash-dairy-mostly-up-monday/

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