# Milk Prices Bouncing Back

> Class III milk futures on the CME were mostly higher on August 10, 2016, with September up $.06 at $17.30 and November up $.07 at $16.60, while August fell $.08. Spot cash cheese blocks slipped $.01 to $1.805, butter fell $.01 to $2.2575, and nonfat dry milk rose $.015 to $.8475.

- Date: 2016-08-10 · published 2016-08-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8325-milk-prices-bouncing-back
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer deferred Class III futures and mixed spot trade point to a continued but modest recovery in milk prices from June lows, which supports dairy herd feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- cowsmo.com: https://cowsmo.com/news/milk-prices-bouncing-back/

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