# Benchmark jumps $1.72 | TheFencePost.com

> USDA announced the January Federal Order Class III milk price at $20.34 per hundredweight, up $1.72 from December and the highest since October 2024. Futures settlements point to a February price near $20.11 and a March price near $19.44. USDA's 2025 Class III average forecast is $19.70, up from $18.89 in 2024.

- Date: 2025-02-14 · published 2025-02-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/26203-benchmark-jumps-1-72-thefencepost-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The higher benchmark lifts the base for US milk and dairy feed-cost calculations and supports dairy demand for feed. The futures curve, however, signals lower prices through the spring.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-05-13 | [Benchmark jumps $1.97 \| TheFencePost.com](https://feedsoft.ai/events/41563-benchmark-jumps-1-97-thefencepost-com.md) | +0.7% | -2.4% |
| MILK | 2024-03-07 | [Benchmark jumps 91 cents  \| TheFencePost.com](https://feedsoft.ai/events/31361-benchmark-jumps-91-cents-thefencepost-com.md) | -0.1% | -6.4% |
| MILK | 2022-01-14 | [Benchmark adds 33 cents \| TheFencePost.com](https://feedsoft.ai/events/43309-benchmark-adds-33-cents-thefencepost-com.md) | -0.1% | +2.4% |
| MILK | 2019-08-09 | [Benchmark highest since 2014 \| TheFencePost.com](https://feedsoft.ai/events/57581-benchmark-highest-since-2014-thefencepost-com.md) | +0.6% | +2.4% |
| MILK | 2023-09-08 | [Milk price jumps $3.42 \| TheFencePost.com](https://feedsoft.ai/events/34256-milk-price-jumps-3-42-thefencepost-com.md) | -1.0% | -9.3% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/benchmark-jumps-1-72/

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