# Milk prices continue steady climb

> Milk prices have risen steadily since February, with the July Class III price forecast near $17.40 versus $13.89 in February. US milk production in June was 0.3% lower year on year, with cow numbers down 1%.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58079-milk-prices-continue-steady-climb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk output and firmer prices suggest reduced dairy feed demand is tightening, supporting milk prices while the outlook for dairy-cow feed consumption stays subdued.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/management/milk-prices-continue-steady-climb

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