# Economists: Dairy price rally might not hold | Capital Press

> Dairy prices have rebounded sharply since late April, with May Class III futures now near $12.30/cwt and June and July contracts in the $17s. Cheese, butter and nonfat dry milk cash prices all rose sharply in May.

- Date: 2020-05-25 · published 2020-05-25T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/53134-economists-dairy-price-rally-might-not-hold-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A sharp recovery in dairy prices is bullish for milk and supports dairy-linked feed demand, though economists warn the rally may not hold given restaurant losses.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-06-03 | 5 | +65.9% | 15.0 | Notes sharp rebound in cheese, butter and NDM cash prices and June/July futures in the $17s, supporting the price climb. |
| MILK | 2020-06-02 | 1 | +63.1% | 20.8 | Notes the sharp rebound in cheese, butter and NDM cash prices and Class III futures from late April, showing the momentum that fed into the jump. |

## Sources

- capitalpress.com: https://capitalpress.com/2020/05/25/economists-dairy-price-rally-might-not-hold/

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