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

> Class III milk futures closed higher on the CME as traders covered oversold positions, while cash dairy prices were mostly lower. The USDA reported October Class III at $15.53 and Class IV at $15.01.

- Date: 2018-10-29 · published 2018-10-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8228-milk-futures-higher-cash-dairy-mostly-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Futures strength against softer cash prices sends mixed signals on near-term milk price direction. Cash weakness is the more direct guide for physical dairy feed demand.

## Read by commodity

- MILK: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-lower-38/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-mostly-lower-39/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-higher-cash-dairy-mostly-lower-2/

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