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

> CME May Class III milk was unchanged at $16.38 and June fell 13 cents to $16.31, while cash block cheese held near $1.68 and butter was unchanged at $2.39. The USDA weekly dairy recap showed cheese supplies less plentiful and steady demand for dry milk products.

- Date: 2019-05-24 · published 2019-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59088-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed cash dairy prices and slightly lower deferred futures indicate a balanced market with no major new driver for dairy feed demand.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-34/

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