# What happened? What’s next? - Negative PPD impact varies by order, handler - Progressive Dairy | Ag Proud

> June Class III milk averaged $21.04 per cwt, well above the Class I, II and IV prices, producing substantial negative producer price differentials of -$3.81 to -$7.91 per cwt across seven federal orders. The high value of Class III milk also encouraged handlers to pull milk out of the pool.

- Date: 2020-08-07 · published 2020-08-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8831-what-happened-what-s-next-negative-ppd-impact-varies-by-order-handler
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Negative PPDs and de-pooling distort the milk price received by farmers and can shift milk supply, which affects the outlook for dairy-related feed demand.

## Read by commodity

- MILK: neutral

## Sources

- agproud.com: https://www.agproud.com/articles/36487-what-happened-what-s-next-negative-ppd-impact-varies-by-order-handler

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