# Milk futures over $17 again, cash dairy mixed - Brownfield Ag News

> Milk futures on the CME ended the week higher, with August Class III up 30 cents to $17.08, and traders were optimistic Mexico could lift tariffs. Cash dairy prices ended mostly lower, though butter was higher, and the USDA said cheese demand had slumped in the Midwest.

- Date: 2019-05-17 · published 2019-05-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59219-milk-futures-over-17-again-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expectations of eased Mexican tariffs on US dairy support futures and the Class III price, which affects dairy farm margins and demand for dairy feed inputs.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-over-17-again-cash-dairy-mixed/

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