# Mielke Market: Milk price up to $14.95 | News | lyndentribune.com

> The August Federal Order Class III milk price was announced at $14.95 per cwt, up 85 cents from July but $1.62 below August 2017 and the lowest August price since 2009. Milk availability tightened for cheese production in the Central US, while Western cheese output was steady. July feed-to-milk price ratio fell to 1.91 from 1.98 in June as corn and soybean prices eased.

- Date: 2018-09-12 · published 2018-09-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/63187-mielke-market-milk-price-up-to-14-95-news-lyndentribune-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low milk prices and a weak feed-to-milk ratio squeeze dairy margins and can reduce herd feed demand, while tighter Central US milk supply supports regional cheese prices.

## Read by commodity

- CORN: neutral
- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-11-09 | [Mielke: Benchmark milk prices climb \| TheFencePost.com](https://feedsoft.ai/events/10553-mielke-benchmark-milk-prices-climb-thefencepost-com.md) | +2.1% | -5.5% |
| MILK | 2020-11-10 | [USDA continues to raise milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50158-usda-continues-to-raise-milk-production-and-prices-brownfield-ag-news.md) | -1.8% | -33.8% |
| MILK | 2017-12-29 | [USDA says all-milk price up in November - Brownfield Ag News](https://feedsoft.ai/events/67625-usda-says-all-milk-price-up-in-november-brownfield-ag-news.md) | -9.6% | -9.8% |
| MILK | 2026-03-27 | [Mielke Market Weekly: Economic Research Service data is in after shutdown delay \| News \| thelandonline.com](https://feedsoft.ai/events/10954-mielke-market-weekly-economic-research-service-data-is-in-after-shutdown-delay.md) | +9.9% | +4.3% |
| MILK | 2020-03-10 | [Mielke: Benchmark price down 5 cents \| Capital Press](https://feedsoft.ai/events/54153-mielke-benchmark-price-down-5-cents-capital-press.md) | +0.4% | -14.8% |
| CORN | 2023-03-10 | [Benchmark Drops $1.65 By Lee Mielke \| TheFencePost.com](https://feedsoft.ai/events/37017-benchmark-drops-1-65-by-lee-mielke-thefencepost-com.md) | +1.2% | +0.7% |
| CORN | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.1% | -0.6% |
| CORN | 2022-05-12 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/41349-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -0.3% | -0.9% |

## Sources

- lyndentribune.com: https://www.lyndentribune.com/news/mielke-market-milk-price-up-to-14-95/article_f2f372d0-b685-11e8-a2a4-7b7e46bcc442.html

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