# Stronger Milk Prices Provide Hedging Opportunities | Red River Farm Network

> November Class III milk futures moved above $20 per hundredweight. An analyst views the $20 level as a psychological threshold and sees hedging opportunities for producers through 2020.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10245-stronger-milk-prices-provide-hedging-opportunities-red-river-farm-network
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Futures above $20 give dairy producers a price floor to hedge against, which supports herd management and dairy feed demand.

## 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 | November Class III futures moved above $20 with a psychological threshold and hedging interest, indicating momentum and sentiment late in the window. |

## Sources

- rrfn.com: https://www.rrfn.com/2019/11/06/stronger-milk-prices-provide-hedging-opportunities/

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