# Dairy Report: 2020 the Most Volatile Milk Price Year on Record - Dairy Herd

> Class III futures swung $2.89 between January 4 and January 7, which analysts link largely to the announcement of a fifth Food Box round. Economists describe 2020 as the most volatile year on record for milk prices, with a $12.40 spread between low and high.

- Date: 2021-01-19 · published 2021-01-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49307-dairy-report-2020-the-most-volatile-milk-price-year-on-record-dairy-herd
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Government buying programs are driving sharp swings in dairy futures, which raises pricing risk for feed buyers and dairy producers. Weaker domestic cheese consumption offsets some of the program's support.

## Read by commodity

- MILK: neutral

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/dairy-report-2020-most-volatile-milk-price-year-record

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