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

> Class III milk futures on the CME rose on August 8, 2016, with August up $.04 at $17.14 and September up $.08 at $17.24. Spot cash cheese and butter were roughly steady, and nonfat dry milk was unchanged at $.8325. Cooperatives also accepted 11 export assistance requests covering dairy products bound for Asia, Latin America, the Middle East and elsewhere.

- Date: 2016-08-08 · published 2016-08-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8322-milk-futures-higher-cash-dairy-mostly-steady-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Steady cash markets alongside firmer futures point to modest near-term support for milk pricing, while export assistance shipments add some demand for cheese, butter and milk powder.

## Read by commodity

- MILK: bullish ▲

## Sources

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

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