# Milk futures lower, cash dairy mixed Thursday - Brownfield Ag News

> May Class III milk futures fell 27 cents to $11.37 on the CME, while June was at $12.44. Cash dairy markets were mixed, with blocks and butter higher and dry whey and nonfat dry milk lower.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5182-milk-futures-lower-cash-dairy-mixed-thursday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower futures reflect the continued weakness in milk prices from the demand collapse. Cash market mixed moves give no clear signal of a change in direction.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-05-01 | 5 | -14.9% | -5.0 | May Class III futures fell 27 cents to $11.37 on April 30, so this directly records the price weakness inside the 5-day window, though it describes the decline rather than its cause. |
| MILK | 2020-04-30 | 5 | -14.9% | -5.6 | May Class III futures fell 27 cents to $11.37 on April 30, which is direct price action inside the 5-day window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-thursday/

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