# Milk Prices, Costs of Nutrients, Margins, and Comparison of Feedstuffs Prices | Seneca County Agriculture and Natural Resources

> An Ohio State University extension update reported the October Class III milk closing price at $16.84/cwt and listed December Class III futures at $16.18 and January 2024 at $16.38. The piece also discussed protein and butterfat prices for feeding decisions.

- Date: 2023-12-04 · published 2023-12-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32874-milk-prices-costs-of-nutrients-margins-and-comparison-of-feedstuffs-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Futures levels near $16 signal weak milk prices, which pressure dairy farm budgets and feed purchasing decisions.

## Read by commodity

- MILK: bearish ▼

## Sources

- u.osu.edu: https://u.osu.edu/senecacountyanr/2023/12/04/milk-prices-costs-of-nutrients-margins-and-comparison-of-feedstuffs-prices/

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