# CME milk futures, cash dairy significantly lower in Tuesday's trade - Brownfield Ag News

> Milk futures and cash dairy prices fell significantly on the CME on Tuesday after the holiday weekend. July Class III milk was down $0.32 at $22.10, and cheese blocks, butter and nonfat dry milk moved in mixed directions.

- Date: 2022-07-05 · published 2022-07-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8550-cme-milk-futures-cash-dairy-significantly-lower-in-tuesday-s-trade-brownfield
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III milk futures signal reduced revenue expectations for dairy producers, which can ease their appetite for feed purchases in the near term.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-07-05 | 5 | -9.2% | -3.8 | July 5 CME session saw significant declines in Class III futures and cash dairy, directly adding to the 5-day drop. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-significantly-lower-in-tuesdays-trade/

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