# Butterfat is driving your milk price - Progressive Dairy | Ag Proud

> Retired dairy co-op executive Calvin Covington argues that butterfat has overtaken protein as the most valuable milk component under US multiple component pricing. Butterfat has contributed half or more of the Class III price since 2015.

- Date: 2017-09-11 · published 2017-09-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68974-butterfat-is-driving-your-milk-price-progressive-dairy-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The shift in component value changes the economic signal to dairy farmers, influencing what milk components they produce. It is background commentary and does not describe a new price move.

## Read by commodity

- MILK: neutral

## Sources

- agproud.com: https://www.agproud.com/articles/27745-butterfat-is-driving-your-milk-price

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