# Forecast Update Live - August 2023 -

> Ever.Ag analysts discussed their monthly dairy forecast, which raised most price expectations for 2023. The largest change was a higher butter forecast for the rest of the year, with the team debating whether butter can reach $3.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4055-forecast-update-live-august-2023
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher butter outlook suggests firmer dairy product values in the second half of 2023, which could support milk prices. Forecasts are analyst views and do not by themselves move the market.

## Read by commodity

- MILK: bullish ▲

## Sources

- insights.ever.ag: https://insights.ever.ag/2023/08/02/forecast-update-live-august-2023/

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