# Milk prices on upswing

> Wisconsin dairy economist Bob Cropp projects the Class III milk price will rise into the $16s by May and could reach $17 by October, after averaging below $14 in January and February. Class IV prices are also expected to move into the $16s, and butter and nonfat dry milk prices are forecast to hold or rise.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/59221-milk-prices-on-upswing
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A forecast recovery in milk prices improves dairy farm profitability and may support herd rebuilding and dairy feed demand later in 2019.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-03-01 | [High input costs temper strong milk prices \| Capital Press](https://feedsoft.ai/events/42419-high-input-costs-temper-strong-milk-prices-capital-press.md) | +8.1% | +7.1% |
| MILK | 2021-11-19 | [US Dairy Prices Jump As Milk Production Growth Slows - EDairy News English](https://feedsoft.ai/events/44199-us-dairy-prices-jump-as-milk-production-growth-slows-edairy-news-english.md) | +0.6% | +3.1% |
| MILK | 2018-08-27 | [3 factors will determine fate of milk prices for remainder of 2018](https://feedsoft.ai/events/63537-3-factors-will-determine-fate-of-milk-prices-for-remainder-of-2018.md) | +9.9% | +7.3% |
| MILK | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | +0.1% | +5.4% |
| MILK | 2017-02-11 | [Cheesier pizzas rescue dairy prices as Americans drink less milk - The Gazette](https://feedsoft.ai/events/72656-cheesier-pizzas-rescue-dairy-prices-as-americans-drink-less-milk-the-gazette.md) | +0.1% | -7.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/milk-prices-on-upswing

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