# Milk futures higher, cash dairy mostly lower - Brownfield Ag News

> On December 9, Class III milk futures rose, with January up $0.15 at $16.68 and March up $0.28 at $17.01, supported by lower USDA milk production estimates. Cash cheese blocks slipped to $1.71 and nonfat dry milk fell to $0.9725.

- Date: 2016-12-09 · published 2016-12-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73640-milk-futures-higher-cash-dairy-mostly-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower USDA milk production estimates tighten supply and support futures, while weaker cash cheese and powder point to softer spot demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mostly-lower/

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