# Milk futures lower, cash dairy mostly higher to end the week – Radio Keokuk

> February Class III milk futures on the CME closed a penny lower at $17.92, while March fell 6 cents and April fell 8 cents. Cash dry whey, butter, barrels, and nonfat dry milk were mostly higher, while blocks were lower.

- Date: 2023-02-03 · published 2023-02-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5882-milk-futures-lower-cash-dairy-mostly-higher-to-end-the-week-radio-keokuk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed moves in futures and cash markets show a balanced dairy price picture with no strong directional driver. Feed buyers should expect range-bound milk values in the near term.

## Read by commodity

- MILK: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2023-02-07 | 5 | -8.8% | -2.9 | Class III futures settled lower, with February at $17.92 and deferred contracts down, showing the price decline directly during the window, though the daily moves were small. |

## Sources

- radiokeokuk.com: https://radiokeokuk.com/milk-futures-lower-cash-dairy-mostly-higher-to-end-the-week/

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