# CME dairy markets mostly up Friday - Brownfield Ag News

> Milk futures and cash dairy closed mostly higher on the CME on Friday, with October Class III up 73 cents to $18.88. Cheese blocks, barrels and nonfat dry milk also rose on the day.

- Date: 2020-09-26 · published 2020-09-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6554-cme-dairy-markets-mostly-up-friday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising forward Class III prices point to better expected milk revenue, supporting dairy feed demand.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-10-05 | 5 | +26.2% | 2.8 | October Class III rose 73 cents to $18.88 on 9/25 with cheese blocks, barrels and NFDM higher, which is direct evidence of the cheese-led upward price momentum in the window. |
| MILK | 2020-10-04 | 5 | +26.2% | 2.8 | October Class III futures rose 73 cents on firmer cheese, blocks, barrels and NDM, which is consistent with the start of the rally, though it falls before the 5-day window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cme-dairy-markets-mostly-up-friday-4/

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