# Milk futures, cash dairy mixed - Brownfield Ag News

> Class III milk futures closed mixed on Monday, with September a penny lower at $16.13 and November up two cents. Blocks were unchanged at $1.6350 and butter rose to $2.2750. USDA data showed cheese stocks of about 1.4 billion pounds at August 31, down 4% from July but up 2% year over year, and butter stocks above 290 million pounds.

- Date: 2018-09-24 · published 2018-09-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63183-milk-futures-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Cold storage inventories that are roughly in line with last year keep the dairy price outlook balanced, with limited pressure on milk prices and dairy feed demand.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mixed-43/

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