# January 21, 2022: Milk Prices Continue to Improve | Center for Dairy Excellence

> The Center for Dairy Excellence notes that CME Class III and IV futures are at their highest levels since 2014. Class IV settled at $19.88 in December, above Class III at $18.36, and is expected to stay higher through 2022. Milk prices have improved significantly after several years of weak returns.

- Date: 2022-01-21 · published 2022-01-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43308-january-21-2022-milk-prices-continue-to-improve-center-for-dairy-excellence
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger milk prices improve producer margins and can support herd retention and dairy feed demand. Class IV leading Class III points to strength in powder and butter markets.

## Read by commodity

- MILK: bullish ▲

## Sources

- centerfordairyexcellence.org: https://www.centerfordairyexcellence.org/markets-management/markets-management-column/january-21-2022-milk-prices-continue-to-improve/

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