# CME milk futures down, cash dairy mixed, GDT index down Tuesday - Brownfield Ag News

> CME Class III milk futures were mostly lower on Tuesday, with September up a penny at $16.13 and October down five cents. Barrels fell 1.25 cents to $1.4075 and blocks rose a penny to $1.6150. The Global Dairy Trade index fell 1.3% at its event, with whole milk powder down 1.8% and skim milk powder down 1.1%.

- Date: 2018-09-18 · published 2018-09-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63185-cme-milk-futures-down-cash-dairy-mixed-gdt-index-down-tuesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower global dairy auction prices and softer deferred futures point to weaker milk prices ahead, which trims the value of dairy-related feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/cme-milk-futures-down-cash-dairy-mixed-tuesday-2/

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