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

> Class III milk futures closed lower on April 11 after a bearish USDA supply and demand report, with near-term contracts down 3 to 18 cents. Cash butter was unchanged and California nonfat dry milk reached a record low near $0.69.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65651-milk-futures-lower-cash-dairy-flat-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk futures and record-low NFDM signal weak dairy margins, which can reduce herd feeding budgets and pressure demand for dairy-related feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/market-news/milk-futures-lower-cash-dairy-flat/

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