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

> July Class III milk futures were quoted at $21.64 and August at $19.07, with September and October lower at $17.48 and $16.60. Cash block cheese was unchanged at $2.575 per pound, barrels steady at $2.40, and butter at $1.765. Nonfat dry milk was a penny and a half lower at $1.02.

- Date: 2020-06-27 · published 2020-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52781-milk-futures-mixed-cash-dairy-mostly-steady-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The routine price moves show a steep futures curve that signals markets expect dairy prices to fall in the second half of 2020.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/milk-futures-mixed-cash-dairy-mostly-steady/

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