# Summer slump situation

> U.S. dairy prices weakened in June as export competition and strong milk production growth weighed on the market. The July Class III futures fell from a $19.02 April peak to $15.71 by June 25, and Class IV lost about $3.

- Date: 2026-07-02 · published 2026-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8573-summer-slump-situation
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Supply is growing faster than domestic demand and global cheese and butter output is also rising, so prices face continued downward pressure and reduced dairy-processing demand for feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-38358-Summer-slump-situation.html

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