# Washington Dairygrams - January 10, 2022

> US milk output fell in 15 of 24 major dairy states in November, lowering overall production 0.4%. Class III and IV futures for 2022 have risen on tight milk and product supplies, with Rabobank noting prices at levels not seen since 2014.

- Date: 2021-12-29 · published 2021-12-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43751-washington-dairygrams-january-10-2022
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Declining milk output and tight supplies support higher dairy prices, which can improve dairy producers' capacity to pay for feed.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-31331-Washington-Dairygrams--January-10-2022.html

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