# Mielke: Milk Prices split, cheese prices mostly down | TheFencePost.com

> The USDA announced the November Federal order benchmark Class III milk price at $16.76 per cwt, up $1.94 from October and $1.46 above a year earlier. The November Class IV price was $13.76, up a dime from October but $3.13 below a year ago, and California's 4b cheese milk price rose to $17.45.

- Date: 2016-12-15 · published 2016-12-15T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73620-mielke-milk-prices-split-cheese-prices-mostly-down-thefencepost-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher cheese-driven Class III prices improve dairy margins and support demand for dairy-linked feed ingredients, though Class IV weakness signals softer butter and powder demand.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-05-11 | [Mielke: Milk prices slowly climbing \| TheFencePost.com](https://feedsoft.ai/events/65156-mielke-milk-prices-slowly-climbing-thefencepost-com.md) | -0.1% | +1.5% |
| MILK | 2017-03-10 | [Mielke: Class III milk prices increase \| TheFencePost.com](https://feedsoft.ai/events/72153-mielke-class-iii-milk-prices-increase-thefencepost-com.md) | -0.9% | -4.3% |
| MILK | 2023-09-08 | [Milk price jumps $3.42 \| TheFencePost.com](https://feedsoft.ai/events/34256-milk-price-jumps-3-42-thefencepost-com.md) | -1.0% | -9.3% |
| MILK | 2019-09-13 | [Milk price highest in 5 years \| TheFencePost.com](https://feedsoft.ai/events/57230-milk-price-highest-in-5-years-thefencepost-com.md) | -0.3% | +1.8% |
| MILK | 2018-06-08 | [Mielke: June Dairy Month not too happy \| TheFencePost.com](https://feedsoft.ai/events/64656-mielke-june-dairy-month-not-too-happy-thefencepost-com.md) | -0.4% | -7.9% |

## Sources

- thefencepost.com: https://www.thefencepost.com/news/mielke-milk-prices-split-cheese-prices-mostly-down/

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