# Weekly Digest II: Class III and IV milk prices move to two-year highs; ‘forage crisis’ looms - Progressive Dairy | Ag Proud

> May 2019 Federal Milk Marketing Order Class III price rose to $16.38/cwt and Class IV to $16.29/cwt, both the highest since 2017. Midwest farm groups asked USDA for emergency rules allowing forage planting and harvest on prevented-plant acres after alfalfa winterkill and record spring rain.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/58736-weekly-digest-ii-class-iii-and-iv-milk-prices-move-to-two-year-highs-forage
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher milk prices reflect tighter supply, and the forage shortage could raise dairy feed costs and push herd culling higher, supporting demand for purchased feed.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-06-20 | [Where are milk prices headed in rising dairy markets? - Farmers Weekly](https://feedsoft.ai/events/64546-where-are-milk-prices-headed-in-rising-dairy-markets-farmers-weekly.md) | -0.7% | -7.0% |
| MILK | 2019-02-20 | [International prices for milk and dairy products](https://feedsoft.ai/events/9987-international-prices-for-milk-and-dairy-products.md) | -0.3% | +6.8% |
| MILK | 2016-11-01 | [Milk price surges to highest point in 2 years - NZ Herald](https://feedsoft.ai/events/4649-milk-price-surges-to-highest-point-in-2-years-nz-herald.md) | +14.8% | +13.4% |
| MILK | 2017-07-06 | [Food Prices Near 2-Year High Thanks to a Record Surge in Butter and Wheat - Bloomberg](https://feedsoft.ai/events/6181-food-prices-near-2-year-high-thanks-to-a-record-surge-in-butter-and-wheat.md) | -0.3% | +5.2% |
| MILK | 2018-01-02 | [Dairy prices lift as milk volumes tighten](https://feedsoft.ai/events/5207-dairy-prices-lift-as-milk-volumes-tighten.md) | -10.1% | -9.9% |

## Sources

- agproud.com: https://www.agproud.com/articles/37699-weekly-digest-ii-class-iii-and-iv-milk-prices-move-to-two-year-highs-forage-crisis-looms

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