# Buckeye Dairy News: VOLUME 21, ISSUE 5 | Ohio Dairy Industry Resources Center

> The Ohio State Buckeye Dairy News newsletter reports that July and August Class III component prices were about $17.55 and $17.60 per hundredweight. Class III futures were trading between $17.50 and $18.00, and US milk production was down about 2% from 2018. Exports were also down about 2%.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57231-buckeye-dairy-news-volume-21-issue-5-ohio-dairy-industry-resources-center
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Steady milk prices with falling cow numbers suggest limited near-term change in dairy feed demand. Lower output and lower exports roughly offset each other on price.

## Read by commodity

- MILK: neutral

## Sources

- dairy.osu.edu: https://dairy.osu.edu/newsletter/buckeye-dairy-news/volume-21-issue-5/full

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