# Weekly Digest: July Class III-IV milk prices lower, spread shrinks - Progressive Dairy | Ag Proud

> The July 2021 Federal Milk Marketing Order Class III price was $16.49 per cwt, down 72 cents from June, and the Class IV price was $16.00, down 35 cents. Lower cheese and butter prices drove both declines, and the gap between the two classes narrowed.

- Date: 2021-08-04 · published 2021-08-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/45572-weekly-digest-july-class-iii-iv-milk-prices-lower-spread-shrinks-progressive
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III and IV prices reduce dairy farm income and suggest softer milk values, a mildly bearish signal for dairy-linked feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-09-02 | [August Class III-IV milk: Prices lower, spread disappears - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/45076-august-class-iii-iv-milk-prices-lower-spread-disappears-progressive-dairy-ag.md) | -0.6% | +8.2% |
| MILK | 2020-09-03 | [August Class III milk price falls - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/51263-august-class-iii-milk-price-falls-progressive-dairy-ag-proud.md) | -0.7% | +20.3% |
| MILK | 2021-02-10 | [Weekly Digest: 2021 milk production forecast jumps, pushing price expectations lower - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/48801-weekly-digest-2021-milk-production-forecast-jumps-pushing-price-expectations.md) | +1.0% | +5.2% |
| MILK | 2025-03-06 | [February 2025 Class II, III and IV milk prices lower \| Ag Proud](https://feedsoft.ai/events/4704-february-2025-class-ii-iii-and-iv-milk-prices-lower-ag-proud.md) | +1.8% | -6.1% |
| MILK | 2019-02-21 | [December milk production growth slows, milk prices lower - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/60591-december-milk-production-growth-slows-milk-prices-lower-progressive-dairy-ag.md) | +9.3% | +6.6% |

## Sources

- agproud.com: https://www.agproud.com/articles/55097-weekly-digest-july-class-iii-iv-milk-prices-lower-spread-shrinks

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