# CME milk futures, cash dairy end week lower - Brownfield Ag News

> CME milk futures ended the week lower on Friday, with January Class III down $0.14 to $15.12. Cheese blocks fell $0.02 to $1.4350, and butter fell 7.5 cents to $2.5750.

- Date: 2024-01-02 · published 2024-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5896-cme-milk-futures-cash-dairy-end-week-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures and cheese and butter prices signal weaker milk values for producers heading into 2024.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-end-week-lower/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-down-cash-dairy-mixed-wednesday-3/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-down-cash-dairy-up-to-start-2024/

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