September CME Class 3 milk futures hold in a narrow $17.60–$17.85 range, awaiting clearer signals from next week’s dairy product inventory report. Dairy/ Class III Milk (DC/DA) futures: Dairy prices are driven by a complex interplay of factors, including weather patterns affecting milk production (heat stress can reduce output), feed costs (such as corn and soybeans) and global dairy demand. This unique combination of drivers sets milk apart from other agricultural commodities and offers diversification potential within the agricultural sector. Seasonality also plays a role, with milk production typically higher in spring and lower in fall. Explore Hard Red Spring (HRS) Wheat futures and options for one-stop trading in North American wheat markets. CME Class 3 milk futures settled mixed, with nearby months firmer but deferred contracts under slight selling pressure due to feed supply optimism.