# Class III Milk Prices Expected To Take Tumble In December - EDairy News English

> Class III milk prices rose to $21.61 in October and are expected near $23 in November, a record for the month. Forecasters expect a sharp drop in December toward or below $16 as block and barrel cheese prices fall below $2 per pound in mid-November.

- Date: 2020-11-25 · published 2020-11-25T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/50161-class-iii-milk-prices-expected-to-take-tumble-in-december-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A projected Class III collapse in December, driven by falling cheese and whey values, signals lower dairy returns and reduced producer feed purchasing power in the coming months.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-12-02 | 5 | -34.4% | -4.8 | Forecast of a sharp December Class III drop as block and barrel cheese fell below $2 describes the mechanism of the futures collapse from record-high November levels. |

## Sources

- en.edairynews.com: https://en.edairynews.com/class-iii-milk-prices-expected-to-take-tumble-in-december/

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