# Economic Update: February Class III-IV milk prices higher | Ag Proud

> USDA's February Class IV milk price reached a record $24 per hundredweight, up 91 cents from January. The Class III price for January rose to $20.91, and butterfat and milk solids values increased in February.

- Date: 2022-03-08 · published 2022-03-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/42420-economic-update-february-class-iii-iv-milk-prices-higher-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record dairy component prices signal strong dairy margins that support herd retention and feed purchases. The data reflects past pricing rather than a new supply shock.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-02-29 | [February FMMO milk class prices inch higher \| Ag Proud](https://feedsoft.ai/events/5460-february-fmmo-milk-class-prices-inch-higher-ag-proud.md) | -4.1% | -4.8% |
| MILK | 2024-02-26 | [Economic Update: March 2024 Class I base price improves \| Ag Proud](https://feedsoft.ai/events/5465-economic-update-march-2024-class-i-base-price-improves-ag-proud.md) | +3.9% | +1.7% |
| MILK | 2017-05-12 | [Dairy Economic Update: Less milk forecast -  \| Ag Proud](https://feedsoft.ai/events/71017-dairy-economic-update-less-milk-forecast-ag-proud.md) | 0.0% | +4.3% |
| MILK | 2017-01-04 | [Milk price and margin hits 12-month high – Dairy Economic Update January 2017 -  \| Ag Proud](https://feedsoft.ai/events/73028-milk-price-and-margin-hits-12-month-high-dairy-economic-update-january-2017-ag.md) | -4.0% | -3.6% |
| MILK | 2023-08-28 | [Economic update: September 2023 Class I base price rebounds \| Ag Proud](https://feedsoft.ai/events/34744-economic-update-september-2023-class-i-base-price-rebounds-ag-proud.md) | +8.1% | +7.0% |

## Sources

- agproud.com: https://www.agproud.com/articles/54515-economic-update-february-class-iii-iv-milk-prices-higher

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