# CME milk futures and cash dairy mostly down Wednesday - Brownfield Ag News

> Milk futures were lower across most contract months except July, and cash dairy prices also fell on the CME on Wednesday. Dry whey, cheese barrels and nonfat dry milk saw small moves, and butter was unchanged.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8555-cme-milk-futures-and-cash-dairy-mostly-down-wednesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Broadly lower Class III milk futures point to weaker dairy revenue expectations, which may reduce farmers' feed purchasing.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-and-cash-dairy-mostly-down-wednesday/

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