# Dairy markets mostly down Tuesday at CME - Brownfield Ag News

> Dairy futures and cash markets were mostly lower on Tuesday at the CME, with December Class III milk futures down 6 cents to $15.44. Grade AA butter rose 1 cent to $2.21, while barrels fell 10 cents to $1.48 and 40-pound blocks dropped 4 cents to $1.45.

- Date: 2017-12-20 · published 2017-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67631-dairy-markets-mostly-down-tuesday-at-cme-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures for 2018 reflect market expectations of softer milk prices, which affects dairy farmers' feed purchasing decisions.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/dairy-markets-mostly-tuesday-cme/

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