# Milk Prices Drastically Drop - EDairy News English

> Q2 Class III milk futures fell nearly 40 cents to $18.44, while Q2 Class IV dropped 8 cents to $19.65. Block cheese rose to $1.89, barrels slid to $1.555, and butter finished at $2.4575.

- Date: 2023-02-17 · published 2023-02-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37468-milk-prices-drastically-drop-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III futures signal softer milk prices ahead, reducing dairy-linked feed demand, though the drop reflects routine trading rather than a new shock.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/milk-prices-drastically-drop/

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