# Class III Milk Prices Move Upward | Red River Farm Network

> Class III milk prices moved sharply higher, and the CME widened its expanded price limits before Memorial Day due to volatility. An adviser said prices were back at pre-COVID levels and near contract highs for some producers. The article urges dairy farmers to consider risk management.

- Date: 2020-05-22 · published 2020-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53292-class-iii-milk-prices-move-upward-red-river-farm-network
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Class III recovery to pre-pandemic levels improves dairy producer margins and may support feed buying. Volatility signals uncertain near-term direction, so buyers should price forward cautiously.

## 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 | Class III moved sharply higher with CME widening limits due to volatility, indicating speculative and short-covering dynamics amplifying the rally. |

## Sources

- rrfn.com: https://www.rrfn.com/2020/05/22/class-iii-milk-prices-move-upward/

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