# Economist offers an outlook on milk prices, exports - Brownfield Ag News

> CoBank economist Tanner Ehmke says US cheese production is rising as new processing capacity comes online through 2023-2025. He expects cheese oversupply to weigh on Class III prices while butter tightness keeps Class IV at a premium.

- Date: 2022-10-06 · published 2022-10-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39267-economist-offers-an-outlook-on-milk-prices-exports-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expanding cheese capacity points to weaker Class III milk prices ahead, which pressures dairy margins and may reduce demand for dairy feed; the Class III-IV spread also signals shifting dairy value.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/economist-offers-an-outlook-on-milk-prices-exports/

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