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

> Class III milk futures were lower on March 3, with the March contract at $16.34 and April at $16.08. Global Dairy Trade index fell 1.2%, led by declines in butter milk powder and cheddar. Cash prices for dry whey, blocks, and butter were mixed.

- Date: 2020-03-03 · published 2020-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54275-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower futures and a falling GDT index signal weaker dairy product prices, which tends to reduce the value of milk-based feed inputs.

## Read by commodity

- MILK: bearish ▼

## Sources

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

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