# CME milk futures continue to fall, cash dairy mixed Friday - Brownfield Ag News

> Milk futures continued to fall on the CME on Friday ahead of the Independence Day holiday weekend, with August and September Class III contracts each down roughly 28 to 40 cents. Cash dairy prices were mixed, with butter up 1.5 cents to $3.01 and cheese blocks down 2.25 cents.

- Date: 2022-07-01 · published 2022-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8556-cme-milk-futures-continue-to-fall-cash-dairy-mixed-friday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Continued declines in forward milk futures signal softening dairy margins, which can reduce feed buying and pressure dairy-linked feed demand.

## 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 1 Class III futures fell 28-40 cents in deferred months with cheese blocks lower, contributing to the weekly decline. |
| MILK | 2022-07-04 | 5 | -9.2% | -4.3 | On July 1 Class III futures kept falling, with cheese blocks lower, adding to the 5-day decline. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-continue-to-fall-cash-dairy-mixed-friday/

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