# Milk futures mostly higher, cash cheese steady - Brownfield Ag News

> Class III milk futures were mostly higher on April 11 after an oversold bounce, with May up $0.21 to $15.23. Cash cheese blocks were unchanged at $1.46 and butter rose to $2.09. The USDA lowered its 2017 milk production estimate and cut most price projections, citing international competition.

- Date: 2017-04-11 · published 2017-04-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71641-milk-futures-mostly-higher-cash-cheese-steady-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower USDA price projections point to weaker dairy markets, though the futures bounce suggests short-term technical buying. Ample supply keeps the milk price outlook under pressure.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-mostly-higher-cash-cheese-steady-2/

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