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

> On May 8, 2024, CME cash dairy prices were mostly steady to higher, with 40-pound blocks up 11.5 cents to $1.9525 and dry whey unchanged at $0.3825. June Class III milk futures rose 75 cents to $20.18, and deferred contracts also gained.

- Date: 2024-05-08 · published 2024-05-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7593-milk-futures-cash-dairy-prices-mostly-higher-wednesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A sharp rise in Class III futures points to stronger milk and cheese values, which supports dairy producer margins and feed buying. The gains are a routine market move with no clearly new fundamental driver.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cash-dairy-prices-steady-to-higher-wednesday/

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