# Milk Prices Continue To Fall To Levels Not Anticipated Earlier In The Year - EDairy News English

> Class III milk fell from $18.52 in April to $16.11 in May and could drop below $16 in June. US May milk production was 0.8% higher year on year, with cow numbers up slightly and some Midwest plants lacking staff, forcing some milk dumping. Cheese and dry whey price declines drove the drop.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35489-milk-prices-continue-to-fall-to-levels-not-anticipated-earlier-in-the-year
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Surplus milk and weak dairy product prices reduce dairy farm income and cut feed buying, weighing on feed ingredient demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/milk-prices-fall-levels-not-anticipated-earlier/

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