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The May Federal Order Class III benchmark came in at $16.92/cwt, up 10 cents from April but well below a year earlier. The May Class IV price rose $2.10 to $22.32, and forward Class III futures point to higher prices through the rest of the year.
A modest recovery in Class III futures signals slightly firmer milk prices, though the year-over-year decline keeps the dairy outlook weak for feed demand.
dairystar.comJun 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
