# Economic Update: November Class IV milk price highest since October 2014 - Progressive Dairy | Ag Proud

> The November 2021 Class IV milk price rose $1.75 to $18.79 per cwt, the highest since October 2014. The Class III price rose to $18.03, and the Class IV price became the higher of the two for the first time since June 2019.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/43595-economic-update-november-class-iv-milk-price-highest-since-october-2014
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A Class IV price above Class III reflects strong butter demand and tighter nonfat solids, supporting dairy prices and the value of milk-based feed inputs.

## Read by commodity

- MILK: bullish ▲

## Sources

- agproud.com: https://www.agproud.com/articles/54742-economic-update-november-class-iv-milk-price-highest-since-october-2014

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