# Benchmark Price Up 32 Cents - EDairy News English

> USDA announced the January Class III benchmark at $16.04/cwt, up 32 cents from December but $1.01 below a year earlier. Futures pricing for later 2021 months was also reported, and the 2021 Class III average forecast was cut to $16.60.

- Date: 2021-02-10 · published 2021-02-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48803-benchmark-price-up-32-cents-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower projected Class III and Class IV prices reflect the expanding milk supply and point to weaker dairy margins for feed buyers.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |
| MILK | 2022-08-29 | [Point Of Equilibrium For Milk Prices - EDairy News English](https://feedsoft.ai/events/40199-point-of-equilibrium-for-milk-prices-edairy-news-english.md) | -1.9% | -1.3% |
| MILK | 2022-09-22 | [Milk Production, Cow Numbers Slowly Creeping Back Up - EDairy News English](https://feedsoft.ai/events/39596-milk-production-cow-numbers-slowly-creeping-back-up-edairy-news-english.md) | +0.1% | +9.4% |
| MILK | 2024-12-31 | [Dairy Market Report December 2024 - EDairy News English](https://feedsoft.ai/events/6086-dairy-market-report-december-2024-edairy-news-english.md) | +9.4% | +8.5% |
| MILK | 2024-11-05 | [Lee Mielke: Benchmark milk price down 49 cents \| Capital Press](https://feedsoft.ai/events/8626-lee-mielke-benchmark-milk-price-down-49-cents-capital-press.md) | -0.5% | -1.1% |

## Sources

- en.edairynews.com: https://en.edairynews.com/benchmark-price-up-32-cents/

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