# Class III pooling, positive PPDs return but prices are lower | Ag Proud

> July 2021 uniform milk prices fell 36 to 64 cents per cwt across all 11 federal milk marketing orders from June. Producer price differentials were positive in all orders using multiple component pricing, the second consecutive month of positive PPDs.

- Date: 2021-08-13 · published 2021-08-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45568-class-iii-pooling-positive-ppds-return-but-prices-are-lower-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower blend prices reduce dairy farmer revenue and can trim herd-expansion appetite, a modest bearish signal for milk and dairy feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- agproud.com: https://www.agproud.com/articles/55053-class-iii-pooling-positive-ppds-return-but-prices-are-lower

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