# Higher cheese prices push Class III milk prices upward

> Cheddar barrel and block cheese prices rose above $2/lb in October, and butter hit a record $3.2675/lb. Class III is forecast near $21.80 for October and Class IV near $24.80, though analysts expect butter and cheese to ease once holiday stock-building ends.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39145-higher-cheese-prices-push-class-iii-milk-prices-upward
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong butter and cheese prices lift milk class prices and farm income, but expected easing after holiday buying points to softer dairy values ahead.

## Read by commodity

- MILK: bullish ▲

## Sources

- wisfarmer.com: https://www.wisfarmer.com/story/news/2022/10/24/higher-cheese-prices-push-class-iii-milk-prices-upward/69587693007/

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