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

> Chicago Mercantile Exchange milk futures closed lower on Tuesday after the holiday weekend, with the May Class III contract unchanged at $16.38 and June down 23 cents. Cash dairy prices were mixed, with blocks unchanged at $1.6825, barrels down to $1.5425, and butter up to $2.4075.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59218-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine daily price moves in dairy futures and cash markets signal soft near-term pressure on Class III milk, which feeds into dairy-by-product feed demand and ration costs for buyers.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-35/

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