# Milk Price Rebounds 100% Between April and July - ProAg

> Class III milk rose from $17.05 in January to a projected above $20 in June after falling to $12.14 in May, while Class IV recovered from $10.67 in May to $13.35 in June. Producers attribute the swings to COVID-19 demand shocks, food box purchases, and dairy cooperatives' base excess plans that cut production.

- Date: 2020-06-29 · published 2020-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52776-milk-price-rebounds-100-between-april-and-july-proag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter milk supply versus recovering foodservice and retail demand is driving dairy prices higher, which supports prices for dairy-based feed ingredients and reflects how quickly milk supply can swing.

## Read by commodity

- MILK: bullish ▲

## Sources

- proag.com: https://www.proag.com/news/milk-price-rebounds-100-between-april-and-july/

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