# Milk price jumps $3.42 | TheFencePost.com

> The USDA announced the August Federal order Class III milk price at $17.19 per hundredweight, up $3.42 from July but $2.91 below a year earlier. The August Class IV price rose to $18.91, and July US milk output was down 0.5% year on year as the cow herd shrank.

- Date: 2023-09-08 · published 2023-09-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/34256-milk-price-jumps-3-42-thefencepost-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A shrinking herd and lower output per cow tighten milk supply and support prices, which can sustain dairy demand for feed. The still-large year-on-year price gap keeps producers under financial strain.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-09-13 | [Milk price highest in 5 years \| TheFencePost.com](https://feedsoft.ai/events/57230-milk-price-highest-in-5-years-thefencepost-com.md) | -0.3% | +1.8% |
| MILK | 2018-05-11 | [Mielke: Milk prices slowly climbing \| TheFencePost.com](https://feedsoft.ai/events/65156-mielke-milk-prices-slowly-climbing-thefencepost-com.md) | -0.1% | +1.5% |
| MILK | 2022-05-13 | [Benchmark jumps $1.97 \| TheFencePost.com](https://feedsoft.ai/events/41563-benchmark-jumps-1-97-thefencepost-com.md) | +0.7% | -2.4% |
| MILK | 2025-02-14 | [Benchmark jumps $1.72 \| TheFencePost.com](https://feedsoft.ai/events/26203-benchmark-jumps-1-72-thefencepost-com.md) | -0.5% | -8.8% |
| MILK | 2017-03-10 | [Mielke: Class III milk prices increase \| TheFencePost.com](https://feedsoft.ai/events/72153-mielke-class-iii-milk-prices-increase-thefencepost-com.md) | -0.9% | -4.3% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/milk-price-jumps-3-42/

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