# Farmers Find Ways To Cope With Milk Prices Down Nearly 40% This Year - EDairy News English

> US milk prices have fallen nearly 40% this year, erasing all of 2019's gains as restaurant and school closures reduced dairy demand. Class III milk futures settled at $12.11/cwt on April 16, the lowest since 2009, and cheese futures hit a record low. Farmers have been forced to dump excess milk as processing plants run at capacity.

- Date: 2020-04-20 · published 2020-04-20T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/53776-farmers-find-ways-to-cope-with-milk-prices-down-nearly-40-this-year-edairy-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lost foodservice and school demand leaves a milk surplus that processors cannot absorb, pressuring Class III and IV prices and cutting producer income, which lowers dairy-based feed demand such as DDGS and whey-related feed inputs.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/farmers-find-ways-to-cope-with-milk-prices-down-nearly-40-this-year/

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