# Dairy Seeing Highest Milk Prices In Five Years - EDairy News English

> The October Class III milk futures price rose 50 cents to $19.70 as of press time, the highest level in about half a decade. The price first reached this level the prior Thursday. A Stewart Peterson analyst attributed the move to traders covering short positions.

- Date: 2019-09-18 · published 2019-09-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57233-dairy-seeing-highest-milk-prices-in-five-years-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III futures signal stronger milk returns, which can support dairy farmers' feed purchasing. The gain was driven mainly by short covering rather than a clear change in supply or demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- en.edairynews.com: https://en.edairynews.com/dairy-seeing-highest-milk-prices-in-five-years/

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