# Optimism remains for dairy prices - Brownfield Ag News

> Rabobank's Lucas Fuess said US milk prices are improving steadily, with the June Class III contract up about $4 in a month. He pointed to record US cheese exports in March and tight cheese supply as the drivers.

- Date: 2024-05-15 · published 2024-05-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30437-optimism-remains-for-dairy-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger cheese demand and limited milk growth lift Class III prices, which supports dairy farm income and the demand for feed. Price direction is supportive for milk.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/optimism-remains-for-dairy-prices/

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