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

> Class III milk futures closed mostly lower on November 21 ahead of the Thanksgiving holiday, with December down 14 cents at $14.32. USDA data showed cheese and butter cold storage down month over month but up year over year.

- Date: 2018-11-21 · published 2018-11-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62054-milk-futures-cash-dairy-mostly-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine dairy futures moves with weaker cheese and butter values point to soft milk pricing, a modest negative for dairy feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-lower-42/

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