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

> Class III milk futures closed lower on Friday, with September unchanged at $16.11 and October down 15 cents at $15.80. Cash block cheese premium over barrels rose to the second-largest on record, while butter was unchanged at $2.32. USDA reported cash dairy prices mostly higher for the week, with freight costs a concern for cheese makers and some cream shipped east to areas affected by Hurricane Florence.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63182-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Routine futures and cash moves with a wider block-barrel spread point to firm block demand relative to barrels, while weaker futures signal softer milk prices ahead for dairy-feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-23/

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