# Class III Should Stay Around $18.00 For Remainder Of 2023 - Cheese Reporter

> Class III milk was $18.52 in April, fell to $13.77 in July, and rebounded to $17.19 in August. It is expected to be near $18.35 in September, supported by stronger cheddar block and barrel prices. Domestic cheese and butter demand is firm, while dairy exports remain below last year's levels.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34114-class-iii-should-stay-around-18-00-for-remainder-of-2023-cheese-reporter
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stable Class III near $18 supports steady US dairy-feed demand for the rest of 2023, while weaker exports cap upside.

## Read by commodity

- MILK: neutral

## Sources

- cheesereporter.com: https://cheesereporter.com/column/2023/09/22/class-iii-should-stay-around-18-00-for-remainder-of-2023/

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