# Milk futures on the rise - Dairy Star

> The August Class III milk price was announced at $20.66 per cwt, the highest since November 2022, and Class III futures pointed to higher prices through year-end. Highly pathogenic avian influenza was confirmed on three Central Valley California dairies and has hit milk output in at least 13 other states.

- Date: 2024-09-16 · published 2024-09-16T12:00:00.000Z
- Category: disease · region US · magnitude medium
- Page: https://feedsoft.ai/events/28319-milk-futures-on-the-rise-dairy-star
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Bird flu cuts milk output and tightens dairy supply, pushing dairy prices higher, while a field vaccine trial in dairy cattle is underway.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-01-10 | [Cheese and Butter Futures Soar With Omicron Hitting Dairy Plants - Bloomberg](https://feedsoft.ai/events/43143-cheese-and-butter-futures-soar-with-omicron-hitting-dairy-plants-bloomberg.md) | -0.0% | +2.5% |
| MILK | 2024-07-28 | [The KDM Dairy Report 7/28/2024 \| KDM Trading Inc](https://feedsoft.ai/events/6827-the-kdm-dairy-report-7-28-2024-kdm-trading-inc.md) | +2.4% | +4.2% |
| MILK | 2020-10-11 | [Impact of lumpy skin disease on local economy \| The Arunachal Times](https://feedsoft.ai/events/50590-impact-of-lumpy-skin-disease-on-local-economy-the-arunachal-times.md) | +2.2% | +11.0% |
| MILK | 2023-04-04 | [India's milk imports soar as disease hits local cattle stock \| Reuters](https://feedsoft.ai/events/12311-india-s-milk-imports-soar-as-disease-hits-local-cattle-stock-reuters.md) | +3.1% | +3.1% |
| MILK | 2024-03-27 | [Avian flu detections in dairy cows raise more key questions \| CIDRAP](https://feedsoft.ai/events/16106-avian-flu-detections-in-dairy-cows-raise-more-key-questions-cidrap.md) | -6.0% | -5.1% |

## Sources

- dairystar.com: https://dairystar.com/stories/milk-futures-on-the-rise,25430

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