# Class III milk price tumbles more than $1.60

> The Class III milk price fell more than $1.60 as cheese and dry whey prices weakened from early May levels, with Class III expected near $17.25 in June versus $18.96 in May. Milk production was up 4.6% year over year in May, and cow numbers continue to climb.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46581-class-iii-milk-price-tumbles-more-than-1-60
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Heavy milk output and weaker cheese prices are pressuring dairy returns, which points to softer demand for dairy-based feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- spotoncalifornia.com: https://spotoncalifornia.com/ca-business/4036857/class-iii-milk-price-tumbles-more.html
- farmprogress.com: https://www.farmprogress.com/management/class-iii-milk-price-tumbles-more-than-1-60

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