# CME dairy markets mostly down Wednesday - Brownfield Ag News

> CME dairy markets closed mostly lower on Wednesday, with the May Class III milk contract unchanged at $15.17 and June down $0.10. Butter and cheese barrels were mixed, and nonfat dry milk and blocks declined.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9762-cme-dairy-markets-mostly-down-wednesday-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Softer futures and cash dairy prices signal weak near-term demand relative to supply, pressuring milk price expectations.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cme-dairy-markets-mostly-down-wednesday-2/

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