# Weekly Digest: It’s hot, so watch for Class IV to skip the pool | Ag Proud

> June 2022 Class III milk price fell 88 cents to $24.33/cwt from May's record $25.12, while Class IV rose 84 cents to $25.83/cwt. The Class III-IV spread widened to $1.50, and butterfat hit about $3.33/lb, likely a record.

- Date: 2022-07-01 · published 2022-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4552-weekly-digest-it-s-hot-so-watch-for-class-iv-to-skip-the-pool-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A wide Class III-IV gap gives processors incentive to depool Class IV milk, shifting how milk is priced and pooled. Record butterfat supports dairy product values and feed demand for dairy operations.

## Read by commodity

- MILK: bullish ▲

## Sources

- agproud.com: https://www.agproud.com/articles/54196-weekly-digest-its-hot-so-watch-for-class-iv-to-skip-the-pool

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