# Is Now the Best Time to Lock in Milk Prices? | The Bullvine

> Class III milk contracts are trading above $22 per cwt, well above the typical $13 to $16 range of the past decade. The article attributes elevated prices to supply disruptions, weather, demand, global markets and inflation, and urges farmers to consider hedging.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4238-is-now-the-best-time-to-lock-in-milk-prices-the-bullvine
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Elevated Class III levels raise farm milk revenue and hedging demand, but are high relative to history and could be vulnerable to correction.

## Read by commodity

- MILK: neutral

## Sources

- thebullvine.com: https://www.thebullvine.com/news/is-now-the-best-time-to-lock-in-milk-prices/

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