# Milk prices are rising, and could top $20 | Capital Press

> The USDA put the October Class III milk price at $18.72/cwt, versus $13.96 at the start of the year. Cheese markets have been strong, with CME blocks and barrels off their fall highs, and a November Class III price above $20 is expected.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56065-milk-prices-are-rising-and-could-top-20-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong Class III prices improve dairy producer margins and support higher dairy cow feed budgets. Softening cheese cash prices from the fall peak suggest the rally may be cooling.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2019/11/22/milk-prices-are-rising-and-could-top-20/

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