# July 20, 2021:  Dairy Week In Review | Center for Dairy Excellence

> Milk prices continue to slide, with Class III futures for the last six months of 2021 averaging $17.15 per cwt, down more than $1 from their spring peak. Class IV prices for the same period average $16.06 per cwt, down nearly 50 cents from their peak.

- Date: 2021-07-20 · published 2021-07-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46211-july-20-2021-dairy-week-in-review-center-for-dairy-excellence
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower forward milk prices reduce farm revenue expectations and signal weak dairy product demand relative to supply, which pressures dairy feed buying budgets.

## Read by commodity

- MILK: bearish ▼

## Sources

- centerfordairyexcellence.org: https://www.centerfordairyexcellence.org/markets-management/dairy-week-in-review/july-20-2021-dairy-week-in-review/

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