# Milk prices expected to rise through end of year

> Wisconsin Agriculturist reports that May Class III milk is projected to be about $2.75 higher than a year earlier, around $15.60 versus $12.76. A University of Wisconsin economist expects milk prices to keep improving as world dairy supply tightens, with EU, New Zealand, Australia and Argentina output below year-ago levels and Chinese buying strong. U.S. milk production is up about 2 percent year over year.

- Date: 2017-05-30 · published 2017-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4350-milk-prices-expected-to-rise-through-end-of-year
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter world milk supply and firm export demand support higher U.S. dairy prices, provided domestic milk output growth stays near 2 percent.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/milk-prices-expected-to-rise-through-end-of-year

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