# CME milk & cash dairy prices lower Tuesday – Radio Keokuk

> CME milk futures fell on January 3, 2023, with January Class III down $0.47 to $19.07 and near-term contracts lower across the curve. Cash dairy prices were steady to lower and dry whey was unchanged at $0.4150.

- Date: 2023-01-03 · published 2023-01-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5544-cme-milk-and-cash-dairy-prices-lower-tuesday-radio-keokuk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures signal weaker milk revenue for US producers, which can reduce feed buying power. The routine move reflects continued bearish sentiment in milk.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2023-01-05 | 1 | -6.7% | -6.3 | CME Class III futures fell on Jan 3 with weakness across the curve, directly extending the downward price move into the Jan 5 window. |

## Sources

- radiokeokuk.com: https://radiokeokuk.com/cme-milk-cash-dairy-prices-lower-tuesday/

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