# Analysts Question Whether Big Milk Supply Can Support Prices - EDairy News English

> University of Wisconsin economists question whether Class III futures near $17.50 per hundredweight for February through April can hold. U.S. milk output rose about 3% year over year in November, with cow numbers up 62,000 head.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49305-analysts-question-whether-big-milk-supply-can-support-prices-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rapid expansion in milk output and cow numbers points to ample supply that could pressure milk prices below current futures levels. Analysts see the first half of 2021 as over-optimistic.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/analysts-question-whether-big-milk-supply-can-support-prices/

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