# Benchmark Price Up 40 Cents - EDairy News English

> The USDA announced the March federal order Class III milk price at $16.15 per cwt, up 40 cents from February and the highest since November 2020. The March Class IV price rose 99 cents to $14.18. Class III futures settlements pointed to higher prices for April through December.

- Date: 2021-04-07 · published 2021-04-07T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47765-benchmark-price-up-40-cents-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The rise in Class III and Class IV prices lifts producer milk checks and improves dairy margins against feed costs. Futures levels point to continued firmness in milk prices ahead.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-05-18 | [Benchmark Milk Price Jumps $1.52 - EDairy News English](https://feedsoft.ai/events/47237-benchmark-milk-price-jumps-1-52-edairy-news-english.md) | +0.5% | -8.5% |
| MILK | 2021-12-31 | [More Price Volatility Next Year? - EDairy News English](https://feedsoft.ai/events/43754-more-price-volatility-next-year-edairy-news-english.md) | +10.7% | +10.5% |
| MILK | 2019-05-07 | [Lee Mielke: Benchmark price up 92 cents \| Capital Press](https://feedsoft.ai/events/59084-lee-mielke-benchmark-price-up-92-cents-capital-press.md) | -1.2% | -0.7% |
| MILK | 2021-10-05 | [Lee Mielke: Benchmark price up 58 cents \| Capital Press](https://feedsoft.ai/events/44539-lee-mielke-benchmark-price-up-58-cents-capital-press.md) | -1.5% | -2.0% |
| MILK | 2021-12-27 | [USDA Forecasts Lower Milk Production, Higher Prices - EDairy News English](https://feedsoft.ai/events/43588-usda-forecasts-lower-milk-production-higher-prices-edairy-news-english.md) | -0.1% | +10.1% |

## Sources

- en.edairynews.com: https://en.edairynews.com/benchmark-price-up-40-cents/

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