# Dairy producers who dumped milk could be eligible for reimbursement

> Lee Mielke reports the September Class III price at $18.39/cwt and forward Class III futures for October through March. The article also notes that producers who dumped milk without payment may be eligible for reimbursement.

- Date: 2023-10-18 · published 2023-10-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33632-dairy-producers-who-dumped-milk-could-be-eligible-for-reimbursement
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher forward Class III futures signal firmer milk prices, while the reimbursement issue has little direct effect on supply or feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmersadvance.com: https://www.farmersadvance.com/story/news/2023/10/18/dairy-producers-who-dumped-milk-could-be-eligible-for-reimbursement/71132019007/

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