# CME milk futures, cash dairy down Thursday - Brownfield Ag News

> On February 29, 2024, CME Class III milk fell 28 cents to $16.96 for March, and cheese blocks, butter and dry whey all closed lower. Nonfat dry milk was unchanged at $1.19.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5463-cme-milk-futures-cash-dairy-down-thursday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower spot cheese, butter and whey values pull down the Class III price, which is a routine downward price move without a new supply or demand shock.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-down-thursday-4/

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