# Skyrocketing Milk Prices and Butterfat Levels Boost Earnings | The Bullvine

> The USDA announced the July Federal Order Class III milk price at $19.79 per cwt, down 8 cents from June but $6.02 above a year earlier. Class III futures were quoted for August at $20.34 and September at $20.51, while the July Class IV price rose to $21.31.

- Date: 2024-08-19 · published 2024-08-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28783-skyrocketing-milk-prices-and-butterfat-levels-boost-earnings-the-bullvine
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Class III and IV futures trading above July levels signal firm forward milk prices, supporting dairy-linked feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- thebullvine.com: https://www.thebullvine.com/news/skyrocketing-milk-prices-and-butterfat-levels-boost-earnings/

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