# Dairy Outlook: November 2017

> Dairy markets are trading sideways with little prospect of forecast price improvement. Cow numbers, global milk output, high product inventories and trade patterns offer little optimism for higher prices.

- Date: 2017-11-28 · published 2017-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4081-dairy-outlook-november-2017
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistent oversupply and high inventories cap milk prices and limit producers' ability to pay for feed.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2017-11-29 | 5 | -9.4% | -3.5 | The outlook of sideways markets, high inventories, and rising global output reduces optimism and supports bearish positioning. |

## Sources

- hoards.com: https://hoards.com/article-22179-Dairy-Outlook-November-2017.html

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