# More Price Volatility Next Year? - EDairy News English

> Class III milk prices ranged from $15.95 in August to $18.96 in May 2021, with dairy markets less volatile in cash than futures. USDA revised October milk production up 110 million pounds, while November output fell 0.4% and the national herd dropped 47,000 head.

- Date: 2021-12-31 · published 2021-12-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/43754-more-price-volatility-next-year-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A shrinking herd and futures pointing to higher 2022 prices suggest firmer milk values, though feed costs remain the largest factor in producer profitability.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-04-07 | [Benchmark Price Up 40 Cents - EDairy News English](https://feedsoft.ai/events/47765-benchmark-price-up-40-cents-edairy-news-english.md) | +0.9% | +1.1% |
| MILK | 2021-05-18 | [Benchmark Milk Price Jumps $1.52 - EDairy News English](https://feedsoft.ai/events/47237-benchmark-milk-price-jumps-1-52-edairy-news-english.md) | +0.5% | -8.5% |
| MILK | 2021-12-27 | [USDA Forecasts Lower Milk Production, Higher Prices - EDairy News English](https://feedsoft.ai/events/43588-usda-forecasts-lower-milk-production-higher-prices-edairy-news-english.md) | -0.1% | +10.1% |
| MILK | 2019-04-25 | [2019 Could Be Year Of Recovery For Dairy Industry - EDairy News English](https://feedsoft.ai/events/59729-2019-could-be-year-of-recovery-for-dairy-industry-edairy-news-english.md) | +1.3% | +2.6% |
| MILK | 2022-03-25 | [Milk Production Continues To Fall While Prices Climb - EDairy News English](https://feedsoft.ai/events/42281-milk-production-continues-to-fall-while-prices-climb-edairy-news-english.md) | +5.6% | +8.5% |

## Sources

- en.edairynews.com: https://en.edairynews.com/more-price-volatility-next-year/

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