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

> Class III milk futures rose on the CME after USDA raised its 2016 and 2017 production estimates while still projecting firm demand. Nearby contracts gained between $0.01 and $0.15, and cash cheese and butter were mixed. USDA lifted its 2017 all-milk price forecast to $17.60-$18.40 per cwt.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/73013-milk-futures-higher-cash-dairy-mixed-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher USDA price forecasts despite larger production signal firmer dairy demand, supporting milk and dairy-based feed values.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-03-30 | [Milk futures higher, cash dairy mixed - Brownfield Ag News](https://feedsoft.ai/events/5251-milk-futures-higher-cash-dairy-mixed-brownfield-ag-news.md) | +7.8% | +9.0% |
| MILK | 2016-12-12 | [Milk futures up on lower production estimates - Brownfield Ag News](https://feedsoft.ai/events/73506-milk-futures-up-on-lower-production-estimates-brownfield-ag-news.md) | +1.3% | -2.3% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |
| MILK | 2023-08-11 | [USDA projects lower dairy production, some higher prices - Brownfield Ag News](https://feedsoft.ai/events/34590-usda-projects-lower-dairy-production-some-higher-prices-brownfield-ag-news.md) | +0.1% | +7.1% |
| MILK | 2020-06-11 | [USDA dairy price outlook improving, cow numbers also higher - Brownfield Ag News](https://feedsoft.ai/events/4253-usda-dairy-price-outlook-improving-cow-numbers-also-higher-brownfield-ag-news.md) | +2.0% | +18.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mixed-15/

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