# December 7, 2021: Dairy Week In Review | Center for Dairy Excellence

> November's Class III milk price was announced at $18.03 per cwt, up 20 cents from October, and the Class IV price rose to $18.79. Class III futures for 2022 averaged $19.15 and Class IV $19.67 as of December 7.

- Date: 2021-12-07 · published 2021-12-07T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/43752-december-7-2021-dairy-week-in-review-center-for-dairy-excellence
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher federal order milk prices and firmer futures point to improving dairy margins, which can support herd expansion and feed demand.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-07-13 | [Dairy Week In Review \| Center for Dairy Excellence \| Page 23](https://feedsoft.ai/events/40635-dairy-week-in-review-center-for-dairy-excellence-page-23.md) | -0.5% | -11.3% |
| MILK | 2022-01-05 | [January 5, 2022: Dairy Week In Review \| Center for Dairy Excellence](https://feedsoft.ai/events/4070-january-5-2022-dairy-week-in-review-center-for-dairy-excellence.md) | +10.6% | +10.3% |
| MILK | 2019-12-19 | [Dairy Week In Review \| Center for Dairy Excellence \| Page 36](https://feedsoft.ai/events/55578-dairy-week-in-review-center-for-dairy-excellence-page-36.md) | -0.2% | -12.3% |
| MILK | 2024-05-01 | [May 1, 2024: Class III Prices Increasing \| Center for Dairy Excellence](https://feedsoft.ai/events/4264-may-1-2024-class-iii-prices-increasing-center-for-dairy-excellence.md) | +18.1% | +19.5% |
| MILK | 2024-02-02 | [February 2, 2024: Milk Production Flat, Prices Rally \| Center for Dairy Excellence](https://feedsoft.ai/events/6010-february-2-2024-milk-production-flat-prices-rally-center-for-dairy-excellence.md) | -1.2% | +2.8% |

## Sources

- centerfordairyexcellence.org: https://www.centerfordairyexcellence.org/markets-management/dairy-week-in-review/december-7-2021-dairy-week-in-review/

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