# Milk Prices Continue to Strengthen - Cowsmo

> US milk prices rose through the fourth quarter of 2021 and into January 2022, with Class III reaching $20.38 and Class IV $23.09. Milk output has fallen below year-ago levels since August as cow numbers declined after last summer's drought raised feed costs.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42730-milk-prices-continue-to-strengthen-cowsmo
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk production and tighter cow numbers, caused partly by high feed costs, support higher milk prices. Feed buyers should watch dairy demand for feed as producers respond to the price signal.

## Read by commodity

- MILK: bullish ▲

## Sources

- cowsmo.com: https://cowsmo.com/news/milk-prices-continue-to-strengthen/

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