# Bob Cropp optimistic Class III milk price will keep rising

> University of Wisconsin dairy economist Bob Cropp expects Class III milk prices to rise above USDA's forecast, which projects a September peak near $17.80 before easing toward $17 by December. Class III rose from a February low of $13.89 to $17.55 in July.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57727-bob-cropp-optimistic-class-iii-milk-price-will-keep-rising
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Below-year-ago milk output combined with strong seasonal cheese and butter demand and school milk demand supports higher Class III prices, which feed directly into dairy feed demand and cull-cow and heifer economics.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/management/bob-cropp-optimistic-class-iii-milk-price-will-keep-rising

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