# Milk futures lower, cash dairy mixed Wednesday - Brownfield Ag News

> December Class III milk futures on the CBOT closed 2 cents lower at $19.83, with January down 19 cents. Blocks fell $0.025 to $2.065 and nonfat dry milk dropped to $1.36, while barrels rose slightly.

- Date: 2022-11-29 · published 2022-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8750-milk-futures-lower-cash-dairy-mixed-wednesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Continued declines in futures and spot dairy products signal softer milk prices ahead, which pressures dairy producers and related feed demand.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-11-30 | 1 | -5.8% | -3.8 | Nov 29 CBOT close showed weaker blocks and nonfat dry milk, with deferred January Class III down 19 cents, signalling falling cheese-driven values and building selling pressure just before the Nov 30 drop. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-and-cash-dairy-mostly-lower-tuesday/
- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-lower-cash-dairy-mixed-wednesday-2/

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