# CME milk futures & cash dairy closed higher Thursday - Brownfield Ag News

> CME milk futures and cash dairy prices closed higher on Thursday, with November Class III milk up 19 cents to $20.87. Butter ended a three-day slide, closing up 5.75 cents at $2.6675, and nonfat dry milk rose a cent to $1.38.

- Date: 2022-11-03 · published 2022-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8821-cme-milk-futures-and-cash-dairy-closed-higher-thursday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher futures and a butter rebound support Class III and Class IV milk values in the near term. The gains are modest and do not change the broader softening trend.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-milk-futures-cash-dairy-closed-higher-thursday/

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