# Milk Prices Continue To Strengthen - EDairy News English

> The US Class III milk price rose from a yearly low of $13.89 in February to $18.31 in September and is forecast near $18.65 for October. Higher cheese prices offset lower dry whey, and Class IV rose on higher nonfat dry milk prices, with cheddar blocks back above $2 per pound.

- Date: 2019-10-24 · published 2019-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56561-milk-prices-continue-to-strengthen-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising Class III and Class IV prices indicate stronger US dairy values, which support producer returns and dairy-based feed demand.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2019-10-29 | 1 | +8.2% | 23.0 | Cheddar blocks back above $2 and rising Class III prices set up the bullish cheese backdrop that fed the rally. |

## Sources

- en.edairynews.com: https://en.edairynews.com/milk-prices-continue-to-strengthen/

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