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

> Class III milk futures on the CME rose, recovering part of the recent losses, with June up $0.12 at $16.32 and July up $0.15 at $16.77. Cash cheese blocks gained slightly while butter fell. USDA reported steady to higher milk production, with Midwestern and Southeastern cheese plants absorbing surplus milk at spot prices $3 to $6 under Class.

- Date: 2017-05-19 · published 2017-05-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71156-milk-futures-higher-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Surplus milk keeps cheese output high and spot prices below Class, which limits how far futures can recover and keeps dairy margins under pressure.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mixed-20/

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