# Dairy prices surge to five-year highs

> Class III dairy futures are up about 40% in 2019 and commodity milk prices have hit five-year highs despite lower US milk consumption. The rally eases pressure on dairy farmers in Wisconsin and Minnesota after a wave of farm closures.

- Date: 2019-11-05 · published 2019-11-05T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/10242-dairy-prices-surge-to-five-year-highs
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III and cheese prices improve milk revenue and can support herd retention and dairy feed demand, though the article notes the recovery came after years of glut and export disruption.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2019-11-05 | 5 | +8.7% | 3.4 | Coverage of five-year-high commodity milk prices and a 40% yearly futures rally reflects the momentum and sentiment behind the move. |

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/dairy-prices-surge-to-five-year-highs

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