# The Farmer's Exchange Online Dairy, Food Analyst Optimistic in Midst of Trade War Leftovers

> The December Federal Order Class III benchmark was announced at $13.78 per hundredweight, down 66 cents from November and the lowest since February 2018. The 2018 Class III average was $14.61, down from $16.17 in 2017. Class IV rose to $15.09 for December, and cheese and butter prices were mixed.

- Date: 2019-01-11 · published 2019-01-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61255-the-farmer-s-exchange-online-dairy-food-analyst-optimistic-in-midst-of-trade
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak Class III prices and mixed component values signal continued pressure on US dairy returns, which can limit dairy herd feed purchasing. The Class IV gain points to firmer powder demand that partly offsets the cheese weakness.

## Read by commodity

- MILK: bearish ▼

## Sources

- farmers-exchange.net: http://www.farmers-exchange.net/detailPage.aspx?articleID=18466

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