# 2023 milk price futures continue to tumble, adding to farmers' stress

> Class III milk futures keep falling, with Class III averaging $18.52 in April, $16.11 in May and possibly below $16 in June. Cheddar block and barrel prices have dropped sharply from earlier in the year and dry whey has fallen to 26.75 cents per pound. Milk output is ample and some Midwest plants are struggling to process it.

- Date: 2023-06-26 · published 2023-06-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35492-2023-milk-price-futures-continue-to-tumble-adding-to-farmers-stress
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistently weak dairy product prices reduce farm revenue and feed purchasing, pressuring demand for dairy-linked feed inputs.

## Read by commodity

- MILK: bearish ▼

## Sources

- wisfarmer.com: https://www.wisfarmer.com/story/news/2023/06/26/2023-milk-price-futures-continue-to-tumble-adding-to-farmers-stress/70358555007/

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