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

> Class III milk futures closed lower on July 19, pressured by weaker global dairy markets. Skim milk powder, cheddar and butter prices declined in Western Europe and Oceania, and the USDA reported NFDM and dry whey moves.

- Date: 2018-07-19 · published 2018-07-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64181-milk-futures-lower-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower global dairy product prices weigh on U.S. milk futures and the dairy component of feed-buyer cost structures.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-21/

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