# September 1, 2021: Dairy Week In Review | Center for Dairy Excellence

> USDA announced August 2021 Class III milk at $15.95 per cwt, down 54 cents from July and $3.82 from a year earlier. Class IV was $15.92, just 3 cents under Class III, the closest gap in two years. Futures pointed to a September rebound.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/4915-september-1-2021-dairy-week-in-review-center-for-dairy-excellence
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The narrowing gap between Class III and Class IV shows both milk pricing pools converging, and the lower Class III price reduces dairy-ration margin pressure for feed buyers. Futures signal a modest near-term recovery.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-09-01 | 1 | +4.7% | 8.4 | USDA's August Class III announcement on 2021-09-01 coincided with the move and showed the narrow Class III-IV gap with futures pointing to a September rebound, supporting bullish sentiment. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-06-17 | [June 17, 2026: Dairy Week In Review \| Center for Dairy Excellence](https://feedsoft.ai/events/18808-june-17-2026-dairy-week-in-review-center-for-dairy-excellence.md) | +0.2% | -1.4% |
| MILK | 2022-08-03 | [August 3, 2022: Dairy Week In Review \| Center for Dairy Excellence](https://feedsoft.ai/events/4575-august-3-2022-dairy-week-in-review-center-for-dairy-excellence.md) | -10.8% | -10.7% |
| MILK | 2025-12-30 | [Dairy Week In Review \| Center for Dairy Excellence \| Page 5](https://feedsoft.ai/events/9572-dairy-week-in-review-center-for-dairy-excellence-page-5.md) | -4.9% | -7.2% |
| MILK | 2026-09-26 | [Cow inventories raised for 2026, 2027 - Dairy Star](https://feedsoft.ai/events/5024-cow-inventories-raised-for-2026-2027-dairy-star.md) | -7.3% | -4.7% |
| MILK | 2025-10-16 | [September uniform milk prices reach new lows for 2025 \| Ag Proud](https://feedsoft.ai/events/22572-september-uniform-milk-prices-reach-new-lows-for-2025-ag-proud.md) | +0.5% | +1.8% |

## Sources

- centerfordairyexcellence.org: https://www.centerfordairyexcellence.org/markets-management/dairy-week-in-review/september-1-2021-dairy-week-in-review/

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