# Class III price rebounds for June Dairy Month, up 87 cents | Dairy | leadertelegram.com

> USDA announced the June Class III benchmark at $16.44 per cwt, up 87 cents from May and the highest since February. Global milk output is past its peak and expected to turn year-over-year positive as Oceania's season starts.

- Date: 2017-07-05 · published 2017-07-05T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70114-class-iii-price-rebounds-for-june-dairy-month-up-87-cents-dairy-leadertelegram
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A firmer Class III price and tightening global supply support milk values, though heat and output recovery could limit gains.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-12-09 | [Class III benchmark milk price peaks \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/55732-class-iii-benchmark-milk-price-peaks-market-columns-leadertelegram-com.md) | -0.8% | -12.5% |
| MILK | 2024-05-01 | [May 1, 2024: Class III Prices Increasing \| Center for Dairy Excellence](https://feedsoft.ai/events/4264-may-1-2024-class-iii-prices-increasing-center-for-dairy-excellence.md) | +18.1% | +19.5% |
| MILK | 2026-09-02 | [Class III milk price rebounds in August as others fall \| Ag Proud](https://feedsoft.ai/events/17621-class-iii-milk-price-rebounds-in-august-as-others-fall-ag-proud.md) | -2.9% | -10.3% |
| MILK | 2019-07-05 | [Milk price down slightly from May but still highest since November 2017 \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/4202-milk-price-down-slightly-from-may-but-still-highest-since-november-2017-dairy.md) | +0.2% | -0.5% |
| MILK | 2017-08-21 | [U.S. milk production may have been overestimated \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/69448-u-s-milk-production-may-have-been-overestimated-dairy-leadertelegram-com.md) | -0.1% | -1.5% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/dairy/class-iii-price-rebounds-for-june-dairy-month-up-87-cents/article_36c4fef7-24c9-5b0c-9cc7-790bec85edb7.html

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