# Economist looks at softening dairy markets - Brownfield Ag News

> University of Wisconsin dairy economist Mark Stephenson says dairy markets continue to soften, with Class III falling from around $20 in May to below $16.50. He attributes the decline to strong US milk production growth and ample product inventories that leave buyers waiting.

- Date: 2021-08-03 · published 2021-08-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45698-economist-looks-at-softening-dairy-markets-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Robust milk output and buyer hesitation point to continued downward pressure on Class III milk prices, weakening dairy feed demand outlook.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/economist-looks-at-softening-dairy-markets/

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