# Buckeye Dairy News: VOLUME 19, ISSUE 6 | Ohio Dairy Industry Resources Center

> Class III milk averaged $16.20/cwt in 2017, with the November futures near $16.41/cwt. The newsletter expects Class III to fall below $16/cwt in 2018 as global milk production rises.

- Date: 2017-11-29 · published 2017-11-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/4082-buckeye-dairy-news-volume-19-issue-6-ohio-dairy-industry-resources-center
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected growth in global milk supply points to lower dairy prices and tighter margins for feed-buying producers.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairy.osu.edu: https://dairy.osu.edu/newsletter/buckeye-dairy-news/volume-19-issue-6/full

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