# Terrain | Export Strength Could Be Too Good to Last

> Terrain analyst Ben Laine says persistently tight US milk supply has supported strong exports and pushed Class III prices to new highs for the year. Milk output through April was down 0.7% from 2023, while domestic demand has been firm. He warns that higher prices could erode export competitiveness and lead to a correction later in the year.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29912-terrain-export-strength-could-be-too-good-to-last
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong export pull and tight milk supply are supporting dairy prices, but a loss of export competitiveness could trigger a downward correction. Dairy-linked feed demand and by-product values may shift accordingly.

## Read by commodity

- MILK: bullish ▲

## Sources

- terrainag.com: https://www.terrainag.com/insights/export-strength-could-be-too-good-to-last/

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