# Prices head lower - Dairy Star

> The USDA put the October Federal Order Class III milk price at $22.85 per cwt, down 49 cents from September. Class IV fell to $20.90, its lowest in five months, and November Class III futures were pointing to about $20.25.

- Date: 2024-11-09 · published 2024-11-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27405-prices-head-lower-dairy-star
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III and IV benchmarks and weaker futures signal softer US milk prices heading into winter.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairystar.com: https://dairystar.com/stories/prices-head-lower,26169

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