# BULK MILK PRICE INCHES UPWARD FOR FARMERS -

> USDA published the October 2021 Statistical Uniform Price at $18.44/cwt, 48 cents above September and the highest October price in seven years. Class III milk came in at $18.83, while Class I was about $2.00, and the article notes the February low of $15.80 during the pandemic.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/44202-bulk-milk-price-inches-upward-for-farmers
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher uniform milk price supports dairy farm margins and could sustain milk production, a modest positive for dairy-related feed demand.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-08-06 | [Milk prices creep upward](https://feedsoft.ai/events/69446-milk-prices-creep-upward.md) | +0.9% | -1.1% |
| MILK | 2018-06-13 | [USDA projects milk prices are set for an upward trend](https://feedsoft.ai/events/64545-usda-projects-milk-prices-are-set-for-an-upward-trend.md) | -0.5% | -7.7% |
| MILK | 2020-01-01 | [Will higher milk prices make up for years of farmers' struggles?](https://feedsoft.ai/events/4656-will-higher-milk-prices-make-up-for-years-of-farmers-struggles.md) | -12.0% | -11.7% |
| MILK | 2023-08-17 | [USDA Raises All-Milk Price for the First Time in Months - Dairy Herd](https://feedsoft.ai/events/34587-usda-raises-all-milk-price-for-the-first-time-in-months-dairy-herd.md) | -0.6% | +6.1% |
| MILK | 2023-11-14 | [USDA Bumps Up 2024 Price Predictions, Lowers Milk Production Forecast for 2023 - Dairy Herd](https://feedsoft.ai/events/33180-usda-bumps-up-2024-price-predictions-lowers-milk-production-forecast-for-2023.md) | +0.1% | -5.5% |

## Sources

- countycourier.net: https://countycourier.net/2021/11/bulk-milk-price-inches-upward-for-farmers/

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